Madoff fraud still stings ex-clients 5 years later
Despite the recovery effort and criminal prosecutions, some 5-year-old wounds from the Bernie Madoff Ponzi scheme fraud haven't healed.
View ArticleJPMorgan settles Madoff fraud claims for $1.7B
JPMorgan Chase & Co has agreed to pay $1.7 billion to settle criminal charges accusing the bank of ignoring warning signs of Bernard Madoff's Ponzi scheme.
View ArticleJPMorgan to pay over $2 billion in Madoff fraud
JPMorgan Chase & Co. will pay $1.7 billion to settle criminal charges and a $350 million civil penalty for missing warning signs of Bernard Madoff's Ponzi scheme.
View ArticleMadoff victim fund extends deadline to April 30
The deadline for Bernard Madoff's victims to sign up for a relief fund has been extended.
View ArticleJury deliberations near in Madoff worker trial
A Manhattan federal jury could start deliberating as soon as Friday in the first criminal trial to result from one of history's biggest frauds.
View ArticleMadoff worker trial jury deliberations likely for Monday
Deliberations looked likely to begin Monday in a case that asks jurors to determine whether Bernard Madoff's former employees were conspirators or his dupes.
View ArticleJury deliberations start in Madoff workers’ trial
The jury deliberated for more than four hours Monday. The deliberations followed a week of closing arguments in a trial that stretched into its fifth month.
View Article5 Madoff ex-workers convicted in case’s 1st trial
Five former employees of imprisoned financier Bernard Madoff have been convicted of conspiracy for helping him carry out his Ponzi scheme.
View ArticleConvicting 5, jury nixes Madoff claim he was alone
The verdict means more than a dozen people have either pleaded guilty or been convicted of charges related to the mammoth fraud engineered by Bernard Madoff.
View ArticleCourt: No inflation on recovered funds of Madoff victims
Thousands of victims of Bernard Madoff's multibillion-dollar fraud are not entitled to interest or inflation when they get a share of recovered funds.
View ArticleMadoff trustee: Ruling blocks $4B in payouts
Picard has so far recovered $10.5 billion for investors, largely through deals reached with some of the thousands of investors who received more money from Madoff than they had invested.
View ArticleAssets of Bernie Madoff’s brother for sale in online auction
The government previously sold Peter Madoff's Long Island mansion for $3.5 million.
View ArticleMeet Madoff’s match
Irving Picard, the man who unmade Bernie Madoff, is reclaiming billions.
View ArticleMadoff victim fund extends deadline to April 30
The deadline for Bernard Madoff's victims to sign up for a relief fund has been extended.
View ArticleJury deliberations near in Madoff worker trial
A Manhattan federal jury could start deliberating as soon as Friday in the first criminal trial to result from one of history's biggest frauds.
View ArticleMadoff worker trial jury deliberations likely for Monday
Deliberations looked likely to begin Monday in a case that asks jurors to determine whether Bernard Madoff's former employees were conspirators or his dupes.
View ArticleJury deliberations start in Madoff workers’ trial
The jury deliberated for more than four hours Monday. The deliberations followed a week of closing arguments in a trial that stretched into its fifth month.
View Article5 Madoff ex-workers convicted in case’s 1st trial
Five former employees of imprisoned financier Bernard Madoff have been convicted of conspiracy for helping him carry out his Ponzi scheme.
View ArticleConvicting 5, jury nixes Madoff claim he was alone
The verdict means more than a dozen people have either pleaded guilty or been convicted of charges related to the mammoth fraud engineered by Bernard Madoff.
View ArticleCourt: No inflation on recovered funds of Madoff victims
Thousands of victims of Bernard Madoff's multibillion-dollar fraud are not entitled to interest or inflation when they get a share of recovered funds.
View Article