Ponzi Scheme
Nassau D.A. Investigating Closure Of Bayville Catering Hall
The Nassau County District Attorney’s office is now reviewing the accusations against a Long Island caterer after a waterfront venue was shut down without notice.
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.
Attorney: Accused L.I. Ponzi Schemer Out On Bail
Gershon Barkany was arrested by FBI agents on March 28. He’s accused of spending the investors’ money for his personal benefit.
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.
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.
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.
Queens Man Sentenced For Running $31 Million Ponzi Scheme
The Ponzi scheme was run through Maywood Captial, a real estate investment company. The firm was previously based in Paramus, N.J. before moving to Manhattan.
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.
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.
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.
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.
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.
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.
Bronx Man Accused Of Running $35 Million Ponzi Scheme
Hundreds of Bronx residents say they’re the victims of a multi-million dollar Ponzi scheme run by the man they trusted to prepare their taxes.
Victim’s Of Long Island Ponzi Scheme Not Out Of The Woods Yet
Victims of a Long Island ponzi-schemer said that they have already paid enough, some of them were bilked out of hundreds of thousands of dollars by Nick Cosmo. Now Cosmo’s victims could be on the hook for even more money.
VIDEO ON DEMAND 
