NY Madoff trustee wants to start paying victims
The trustee appointed to unravel disgraced Wall Street financier Bernard Madoff’s massive fraud sought approval on Wednesday to distribute recovered funds for the first time to the victims. Trustee...
View ArticleMets say deal is off with investor David Einhorn
The New York Mets owners say the deal is off to sell a minority stake in the team to hedge fund manager David Einhorn for $200 million. The sides were unable to reach an agreement after months of...
View ArticleJudge: Mets could owe up to $386M over Madoff
The owners of the New York Mets will be forced to pay no more than $386 million to resolve claims by a trustee collecting money for investors who lost billions of dollars in Bernard Madoff‘s fraud....
View ArticleKominicki: Is that a Ponzi fraud scheme at Sonic?
Back in the good old days, a newspaper reporter had to worry about two simple performance measures. First was a productivity quota set by the editors, a completely subjective number of stories that had...
View ArticleSandy Koufax on Madoff- Mets NY trial witness list
Hall of Fame pitcher Sandy Koufax is among witnesses scheduled to testify at a trial next week to determine if the New York Mets‘ owners must give up hundreds of millions of dollars they received from...
View ArticleMets’ future brightens with Madoff settlement
The New York Mets’ owners scored an early-season victory Monday, stabilizing the club’s financial future in a deal with a trustee for Bernard Madoff‘s fraud victims that requires them to pay millions...
View ArticleBill Maher buys minority share of New York Mets
No joke: Bill Maher owns a stake in the New York Mets. The stand-up comic and political satirist was at Citi Field on Sunday and revealed that he bought a minority share of the team months ago. Mets...
View ArticleMadoff brother to face victims in NY court
Peter Madoff faces some of the heartbroken investors who lost their savings when Bernie Madoff's fraud was revealed four years ago this month.
View ArticleBernard Madoff’s brother gets 10-year sentence
Peter Madoff had agreed when he pleaded guilty in June to conspiracy and falsifying the books and records of an investment adviser that he would not challenge a 10-year sentence.
View ArticleNY judge refuses to delay Madoff associates’ trial
A New York judge is refusing to delay a fraud trial of Bernard Madoff's associates despite defense claims the government has created an inflammatory indictment.
View ArticleNY accounting exec-lawyer arrested in Madoff fraud
A senior partner at a Manhattan accounting firm has been arrested on charges he helped direct false bookkeeping during Bernard Madoff's historic fraud.
View ArticleQuestionnaires filled out for NY Madoff trial
Hundreds of prospective jurors have filled out questionnaires to see if they qualify for a jury to decide the fate of five ex-employees of Bernard Madoff.
View ArticleNYC fraud trial to begin for 5 ex-Madoff employees
The longtime secretary of imprisoned financier Bernard Madoff and four other back-office subordinates of the Ponzi king go to trial Tuesday.
View ArticleJury selection begins in Madoff workers’ trial
Five ex-employees of imprisoned financier Bernard Madoff were introduced to 200 prospective jurors as jury selection began in their New York fraud trial.
View ArticleGovt: Employees aided Madoff’s ‘elaborate fiction’
The trial follows the 2008 collapse of Bernie Madoff's private investment business, which cost clients nearly $20 billion.
View ArticleDefense: Madoff kept employees in dark about fraud
A New York defense lawyer says Bernard Madoff duped his employees just like he fooled everyone else.
View ArticleNY ex-Madoff worker kept mouth shut as fraud grew
During his years as a trader at Bernard L. Madoff Investment Securities, David Kugel learned investments Madoff claimed to be making for clients were fiction.
View Article10,000 Madoff investors get chance at $2.35B fund
Preet Bharara said those who invested with Madoff through feeder funds, investment groups and other pooled investment vehicles will be eligible.
View ArticleMadoff’s right-hand man takes stand in NYC trial
Frank DiPascali, the government's star witness, took the stand Monday, in the trial against five of Bernard Madoff's top associates.
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