Recovery Milestone Reached For Madoff VictimsThe money represents approximately 75% of the estimated $17.5 billion in principal lost by customers who filed claims.
Madoff Ponzi Scheme Victims Might Split $342 Million Repayment Next YearVictims of the Bernard Madoff Ponzi scheme will split a repayment of about $342 million in January under a plan by a court trustee.
Irwin Lipkin, Last Madoff Scheme Defendant, Gets 6 Months In PrisonA judge sentenced the last defendant in the Bernard Madoff Ponzi scheme case on Wednesday to six months in prison.
Madoff Accountant Spared Prison Time After Admitting To Role In Ponzi SchemeA judge spared Paul Konigsberg prison time and agreed not to require post-sentence supervision.
Former Bernie Madoff Accountant Sentenced To Home DetentionA former accountant who certified fake financial records hiding Bernard Madoff's epic Ponzi scheme was sentenced on Thursday to one year of home confinement.
Bernie Madoff's Former Secretary Gets 6 Years In PrisonAnnette Bongiorno she apologized to victims of the multi-decade, multi-billion dollar fraud and berated herself for failing to see past her boss’s influence and the riches he bestowed on her.
Trustee: Half-Billion Dollar Settlement Reached For With 2 Madoff FundsThe trustee recovering money for thousands of investors said Monday that a half-billion-dollar settlement has been reached with two financial funds that invested with Ponzi schemer Bernard Madoff.
Andrew Madoff, Son Of Disgraced Ponzi Schemer Bernard Madoff, Dies Of LymphomaIn an interview with "60 Minutes" in 2011, Madoff insisted he had no idea what his father was up to.
Madoff Accountant Admits To Role In Infamous Ponzi SchemeA senior partner at a New York accounting firm has now pleaded guilty to his role in the multi-billion dollar Bernard Madoff Ponzi scheme.
Report Finds Losses Of $1 Billion At Yeshiva UniversityYeshiva University is reportedly $1 billion in the red, with $500 million in debts and another $500 million in losses with risky investments.
Guilty Verdicts For 5 Former Bernard Madoff EmployeesThe 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.
Closing Arguments Wrap Up In Fraud Trial Of Ex-Madoff Employees; Deliberations To Begin MondayThe 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.