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Bernie Madoff

Bernard L. Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. (credit: TIMOTHY A. CLARY/AFP/Getty Images)

Madoff Accountant Admits To Role In Infamous Ponzi Scheme

A senior partner at a New York accounting firm has now pleaded guilty to his role in the multi-billion dollar Bernard Madoff Ponzi scheme.

06/24/2014

Yeshiva University

Report Finds Losses Of $1 Billion At Yeshiva University

Yeshiva University is reportedly $1 billion in the red, with $500 million in debts and another $500 million in losses with risky investments.

06/20/2014

Bernard L. Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. (credit: TIMOTHY A. CLARY/AFP/Getty Images)

Guilty Verdicts For 5 Former Bernard Madoff Employees

The verdicts came Monday in a Manhattan trial that lasted nearly six months. The federal court trial was the first to result from the multi-decade fraud that landed Madoff in prison for 150 years.

03/24/2014

Bernard L. Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. (credit: TIMOTHY A. CLARY/AFP/Getty Images)

Closing Arguments Wrap Up In Fraud Trial Of Ex-Madoff Employees; Deliberations To Begin Monday

The jury has the monumental task of sorting through five months of testimony to determine whether the ex-Madoff employees knew that their jobs involved perpetuating a massive Ponzi scheme.

03/14/2014

Bernard L. Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. (credit: TIMOTHY A. CLARY/AFP/Getty Images)

Fate Of 5 Ex-Madoff Employees To Soon Be In Jury’s Hands

The prosecution wraps up closing statements in the trial against five former aides to Ponzi schemer Bernard Madoff. Madoff’s former secretary, his former head of operations, an account manager and two computer programmers are on trial.

03/13/2014

Former Bernie Madoff secretary Anette Bongiorno testified that she was unaware of her boss' Ponzi Scheme. (Credit CBS 2)

Bernie Madoff’s Secretary Takes The Stand As Feds Try To Extend Prosecution

Convicted swindler Bernie Madoff’s secretary took the stand nearly five years after her former boss went to prison.

02/24/2014

Bernard L. Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. (credit: TIMOTHY A. CLARY/AFP/Getty Images)

Deadline Extended For Madoff Victim Relief Fund

The fund will distribute assets forfeited in the Madoff case. It’s separate from a bankruptcy court proceeding that has recovered money to redistribute to burned Madoff clients.

02/21/2014

Bernard L. Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. (credit: TIMOTHY A. CLARY/AFP/Getty Images)

Report: Madoff Battling Cancer, Recovering From Heart Attack

Madoff was sentenced to 150 years in prison after pleading guilty in 2009 for bilking investors of $65 billion. He ran his operation out of an office in the Lipstick Building in Midtown Manhattan.

01/22/2014

U.S. Attorney Preet Bharara announces criminal charges against JPMorgan Chase over Bernard Madoff's Ponzi scheme, Jan. 7, 2014. (credit: Marla Diamond/WCBS 880)

JPMorgan To Pay Largest Ever Settlement Over Madoff’s Ponzi Scheme

The bank will pay $1.7 billion to settle criminal charges and a $350 million civil penalty for what the Treasury Department called “critical and widespread deficiencies” in its programs to prevent money laundering and other suspicious activity.

01/07/2014

Bernard Madoff

Former Madoff Deputy Testifies On 5th Anniversary Of Ponzi Schemer’s Arrest

New York financier Bernard Madoff’s former right-hand man summed up his boss’ arrest exactly five years ago with two words: “Madoff Implodes.”

12/11/2013

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

Former Madoff Deputy Continues Testimony In Fraud Trial

Frank DiPascali described the tangled web of deceit woven by Madoff as he juggled investors’ money and tried to keep investigators away.

12/04/2013

Bernard Madoff

Madoff Controller Testifies About Meeting Of Inner Circle

Enrica Cotellessa-Pitz, who worked for Madoff for three decades, is testifying against five former colleagues in exchange for leniency.

11/19/2013

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

Indirect Investors May Get Cut Of Reclaimed Madoff Fund

Manhattan U.S. Attorney Preet Bharara said Monday that more than 10,000 people whose indirect investments with Bernard Madoff prevented them from eligibility for billions of dollars will get to make claims against a $2.35 billion fund.

11/18/2013

Bernie Madoff

Witness: Madoff Wrote Out $175 Million In Checks For Employees, Family After Bust

The trial against five of Bernard Madoff’s former employees continued Wednesday with testimony from consultants who investigated the firm following Madoff’s arrest.

10/23/2013

Bernie Madoff

FBI Agent Testifies In Fraud Trial Of 5 Former Madoff Employees

FBI Agent Theodore Cacioppi said he interviewed Bernard Madoff for about an hour before arresting him. The office was then placed under surveillance so evidence could be removed.

10/21/2013

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