Bernie Madoff

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

Bernard Madoff (file/credit: Mario Tama/Getty Images)

Lawyer: Former Madoff Employee On Trial For Ponzi Scheme Fraud ‘Fooled By His Lies’

The trial follows the 2008 collapse of Madoff’s private investment business, which cost clients nearly $20 billion. A court-appointed trustee has recovered much of the money by forcing those customers who received big payouts from Madoff to return the funds.

10/17/2013

Bernard Madoff

Trial Begins For 5 Former Madoff Employees Accused Of Helping In Largest-Ever Ponzi Scheme

Prosecutor Matthew Schwartz introduced the government’s case Wednesday, saying the defendants “helped perpetuate Madoff’s elaborate fiction.” The Manhattan federal court trial is expected to last five months.

10/16/2013

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

Madoff Accountant Charged With Involvement In Massive Fraud

Paul Konigsberg was charged with conspiracy to falsify records, conspiracy to commit fraud, falsifying records of a broker-dealer, falsifying record of an investment adviser and falsifying statements.

09/26/2013

Peter Madoff House

Peter Madoff’s Old Westbury Mansion, Contents Up For Sale

The home that belonged to Bernie Madoff’s brother, Peter, is on the market after being seized by the U.S. Marshals Service.

06/04/2013

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

Court Rejects Lawsuit Filed By Madoff Victims Against SEC

The appeals court said the Securities and Exchange Commission’s actions and “regrettable inaction” are shielded by rules protecting government employees from lawsuits when they carry out a discretionary function or duty.

04/10/2013

Citi Field (credit: Jim McIsaac/Getty Images)

Craig Carton Goes Off About Mets’ Reported Association With Amway

“What’s next — an Enron left-field pole?” Carton said. “Tyco right-field pole? Could you be stupider?”

02/27/2013

(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

Owner Fred Wilpon (L) and his son, Jeff Wilpon, of the Mets (credit: Marc Serota/Getty Images)

Report: Mets Owners Refinance $450 Million In Loans, Gain Some Financial Relief

According to the New York Post, owners Fred Wilpon and Saul Katz have refinanced $450 million in loans that were borrowed against SportsNet New York, the cable network which airs the vast majority of Mets game throughout the season.

01/03/2013

Peter Madoff (credit: CBS 2)

Bernard Madoff’s Brother, Peter, Sentenced To 10 Years In Prison

Peter Madoff maintained that he never knew his brother was orchestrating the largest Ponzi scheme in history, but victims speaking out in court Thursday – and even the judge herself — don’t believe him.

12/20/2012

Mets third baseman David Wright (file/Photo by Mike Stobe/Getty Images)

Hartnett: Christmas Comes Early In Flushing As Wright Becomes A Met For Life

When Mets fans across the Tri-State Area awoke to the news that third baseman David Wright agreed a seven-year, $122 million extension, it must have felt like Christmas morning had come weeks early.

11/30/2012

Ambulance (file / credit: clipart.com)

Reports: Madoff’s Accountant’s Son Commits Suicide In Ohio

The son of Bernie Madoff’s accountant committed suicide earlier this week in Ohio, according to published reports.

11/17/2012

R.A. Dickey and David Wright (credit: Jim McIsaac/Getty Images)

Coleman: What’s Next For Mets? Big Decisions On Docket For Sandy

There’s no mistaking Mets general manager Sandy Alderson’s priority: signing “core players” David Wright and R.A. Dickey to contract extensions — pronto.

10/04/2012

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