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Stamford Hedge Fund Sentenced For Insider Trading To Pay Largest Ever Criminal FineU.S. District Judge Laura Taylor Swain formally administered the sentence on SAC Capital LP and three related entities under a $1.8 billion deal.
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.

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