Bernard Madoff - Ponzi scheme - AOL Money & Finance

One day after Bernard Madoff receives a 150-year prison sentence, The Associated Press reports that federal authorities are investigating 10 of the disgraced financier's associates for ties to the ruinous pyramid scheme.
Daily Finance: 'Bernie, He's Old News'

Peter Morgan, AP

Bernard Madoff's swindled investors and their supporters gather near the courthouse complex where the former Nasdaq chairman was sentenced Monday.

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Madoff Apologizes for Fraud Scheme

posted: 4 DAYS 8 HOURS AGO

filed under: Madoff

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Speaking before his sentencing on charges he defrauded investors in a multibillion-dollar Ponzi scheme, disgraced financier Bernard Madoff apologizes both to his family and his victims.
From DailyFinance: Victims Seek Voice at Sentencing

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Madoff Sentenced to 150 Years

posted: 4 DAYS 3 HOURS AGO

filed under: Madoff

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Disgraced financier Bernard Madoff is sentenced to 150 years in prison for defrauding investors in a multibillion-dollar Ponzi scheme.
More DailyFinance: Madoff Sentencing: Yesterday's News |Little Left for Ruth Madoff | Madoff Should Devote His Life to Repaying Victims

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Madoff Forced to Give Up $171 Billion

posted: 5 DAYS 3 HOURS AGO

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Disgraced fund manager Bernard Madoff must turn over $171 billion he made while operating a Ponzi scheme that defrauded his investors, a judge rules.
From DailyFinance: Madoff Faces Sentencing Monday, Could Spend Rest of Life in Jail | Ruth Madoff Parts With Most of Her Money

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Madoff Seeks Leniency in Sentencing

posted: 9 DAYS 1 HOUR AGO

filed under: Madoff

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Bernard Madoff's lawyer is requesting leniency from the judge who will sentence the disgraced financier, urging a prison term of 12 years for his client. Madoff, who faces up to 150 years in prison for operating a massive Ponzi scheme, is scheduled to be sentenced on Monday.
Also: U.S. May Drop UBS Tax Evasion Case

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Madoff-Linked Firm Charged With Fraud

posted: 11 DAYS 3 HOURS AGO

filed under: Madoff

Federal regulators charge a New York brokerage firm and a California investment adviser with securities fraud, accusing them of funneling billions of dollars from investors into Bernard Madoff's Ponzi scheme.

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Madoff Reaches Settlement With SEC

posted: 17 DAYS 1 HOUR AGO

filed under: Madoff

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Bernard Madoff, who pleaded guilty to a $65 billion investment scam earlier this year, settles civil fraud charges with federal regulators that prohibits him from working in the securities industry.
DailyFinance: Will the Madoff Case Ever Really Be Settled?

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Madoff Victims File Impact Statements

posted: 17 DAYS 12 HOURS AGO

filed under: Madoff

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Just two weeks before disgraced financier Bernard Madoff is sentenced, prosecutors submit impact statements from 113 victims to a judge. One 89-year-old victim said he's been left "devoid of future hope" due to the fraud.

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Was Madoff Firm Family's Piggy Bank?

posted: 49 DAYS 13 HOURS AGO

filed under: Madoff

Eye-popping numbers from credit cards statements have taken on broader meaning because of the notorious name on the corporate account: Bernard L. Madoff. And the vast majority of the charges aren't even his; they belong to his family and associates.

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