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Bernard Madoff

(credit: CBS 2)

Madoff’s Prison-Bound Brother Appears At Granddaughter’s Bat Mitzvah

The prison-bound brother of convicted Ponzi scheme operator Bernie Madoff attended his granddaughter’s bat mitzvah in a space described as “posh” this weekend, after a judge delayed his lockup date for the occasion.

01/20/2013

Peter Madoff (credit: CBS 2)

Report: Madoff’s Brother Sells Park Avenue Home Ahead Of Prison Term

One month before beginning his 10-year presence sentence, Peter Madoff – the brother of convicted Ponzi scheme operator Bernie Madoff – has sold his posh Park Avenue home, according to a published report.

01/05/2013

Bernie Madoff (file/credit: Stephen Chernin/Getty Images)

New York AG Strikes $210 Million Settlement To Help Repay Some Madoff Ponzi Scheme Victims

The Attorney General’s office investigation revealed that Ivy had deep suspicions about Madoff’s operation but never informed its clients.

11/13/2012

Bernie Madoff (file/credit: Stephen Chernin/Getty Images)

Prosecutors: Ponzi Scheme Lasted Twice As Long As Madoff Let On

An enhanced indictment now indicates the largest-ever Ponzi scheme actually went on for nearly four decades, starting in the early 1970s.

10/02/2012

Bernie Madoff (file/credit: Stephen Chernin/Getty Images)

Trustee: $2.5 Billion In Checks Mailed Out To Madoff Ponzi Scheme Victims

The decades-long fraud cost investors about $17.3 billion, Picard estimated. Since becoming the trustee for victims swindled in the scheme, Picard said he has recovered more than $9 billion.

09/20/2012

David Wright #5 of the New York Mets is mobbed by his teammates after his game-winning hit against the Philadelphia Phillies at Citi Field. (Photo by Jim McIsaac/Getty Images)

Coutinho: There Is Still Plenty Of Fight Left In The Mets

There is no sugarcoating the recently completed Mets road trip, as losing five-of-six to division opponents is unacceptable on a number of levels. But there is plenty of fight left in this team.

07/20/2012

Peter Madoff, brother of the infamous financial criminal Bernard Madoff, is driven out of Jacob K. Javits Federal Building after being taken in to custody by the FBI on June 29, 2012 in New York City. (Photo by Andrew Burton/Getty Images)

Peter Madoff Pleads Guilty, Faces 10 Years In Prison

Peter Madoff, the younger brother of convicted Ponzi schemer Bernie Madoff, pleaded guilty Friday to charges he doctored documents that helped conceal a fraud that wiped out thousands of investors.

06/29/2012

Bernard Madoff (credit:  Chris Hondros/Getty Images); Peter Madoff (inset credit: CBS 2)

Prosecutors Say Madoff’s Brother Will Plead Guilty For Role In Ponzi Scheme

Peter Madoff, the former chief compliance officer at the private investment arm of Bernard Madoff’s business, has agreed to serve a decade in prison, they said.

06/27/2012

Bernard Madoff - File / Photo: Chris Hondros/Getty Images

Madoff Victims’ Checks Could Be In Mail This Summer

If you were a victim of Bernard Madoff’s massive Ponzi scheme, there is some you might want to hear.

06/26/2012

Bernie Madoff (file/credit: Stephen Chernin/Getty Images)

Settlement: Madoff Merkin Clients To Get $400 Million Back

It will finally be payback for clients of Ezra Merkin, a high-powered money manager who invested in Madoff’s multi-million dollar Ponzi scheme.

06/25/2012

David Wright (credit: Dustin Bradford/Getty Images)

Mets COO Jeff Wilpon: No Rush To Lock Up David Wright

“He’s under contract this year, we have an option for next year, there’s no gun to anybody’s head,” Wilpon said Wednesday.

05/31/2012

FILE - Nicholas Cosmo (right) (credit: CBS 2)

Accused Associates Of Nicholas Cosmo, Long Island’s ‘Mini-Madoff,’ Arrested

Four associates of a New York businessman convicted in a $400 million Ponzi scheme were arrested early Wednesday on charges that they pocketed nearly $38 million in commissions for their efforts in advancing the fraud, federal prosecutors said.

04/25/2012

Terry Collins (credit: Doug Pensinger/Getty Images)

With Madoff Mess In Rearview Mirror, Mets Now Await Challenge On The Field

Now that their financial future is sorted, the New York Mets can turn most of their attention back to the ballclub on the field. Good thing, too, because an awful lot of work lies ahead.

03/21/2012

Sandy Alderson (credit: Andrew Burton/Getty Images)

Coleman: Good Vibes At Mets Camp

The good vibes engendered by the settlement of the Madoff lawsuit continues. The cloud that had long encased the organization in doom and gloom had seemingly lifted, and manager Terry Collins felt quite pleased for the principals involved.

03/21/2012

Bud Selig (credit: Elsa/Getty Images), Fred Wilpon (credit: Marc Serota/Getty Images)

Mets Repay Loans To MLB And Bank Of America

The New York Mets have repaid loans of $25 million to Major League Baseball and $40 million to Bank of America, and have closed on the sales of 12 limited partner shares for $20 million each, a person familiar with the team’s finances says.

03/20/2012

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