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.
Deadline Extended For Madoff Victim Relief FundThe 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.
Report: Madoff Battling Cancer, Recovering From Heart AttackMadoff 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.
JPMorgan To Pay Largest Ever Settlement Over Madoff's Ponzi SchemeThe 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.
Former Madoff Deputy Testifies On 5th Anniversary Of Ponzi Schemer's ArrestNew York financier Bernard Madoff's former right-hand man summed up his boss' arrest exactly five years ago with two words: "Madoff Implodes.''
Former Madoff Deputy Continues Testimony In Fraud TrialFrank DiPascali described the tangled web of deceit woven by Madoff as he juggled investors' money and tried to keep investigators away.
Madoff Controller Testifies About Meeting Of Inner CircleEnrica Cotellessa-Pitz, who worked for Madoff for three decades, is testifying against five former colleagues in exchange for leniency.
Indirect Investors May Get Cut Of Reclaimed Madoff FundManhattan 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.
Witness: Madoff Wrote Out $175 Million In Checks For Employees, Family After BustThe trial against five of Bernard Madoff's former employees continued Wednesday with testimony from consultants who investigated the firm following Madoff's arrest.
FBI Agent Testifies In Fraud Trial Of 5 Former Madoff EmployeesFBI 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.
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.
Trial Begins For 5 Former Madoff Employees Accused Of Helping In Largest-Ever Ponzi SchemeProsecutor 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.
Madoff Accountant Charged With Involvement In Massive FraudPaul 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.
Peter Madoff's Old Westbury Mansion, Contents Up For SaleThe home that belonged to Bernie Madoff’s brother, Peter, is on the market after being seized by the U.S. Marshals Service.
Court Rejects Lawsuit Filed By Madoff Victims Against SECThe 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.