Ex-L.I. Soccer Official Admits Running Ponzi SchemeA former president of a suburban youth soccer cub has pleaded guilty to running a $5 million Ponzi scheme.
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.
Former Madoff Executive Daniel Bonventre Sentenced To 10 years In PrisonDaniel Bonventre, 67, was sentenced Monday in federal court in New York for his part in the company's yearslong multibillion-dollar fraud.
Texas Man Charged In New York In First Bitcoin Ponzi Scheme CaseFederal prosecutors in New York on Thursday announced the first bitcoin securities fraud case, accusing a Texas man of engineering a Ponzi scheme involving bitcoins.
Syosset Man Pleads Guilty To Running $30M Ponzi SchemeEric Aronson told a federal judge in Central Islip Friday he knew what he was doing was wrong.
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.
Investment Fund Manager Admits To $96 Million Ponzi SchemeAn investment fund manager has admitted in a Long Island courtroom to stealing nearly $100 million of investors' money in a Ponzi scheme that helped fund his interest in a Hamptons resort.
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.
Fate Of 5 Ex-Madoff Employees To Soon Be In Jury's HandsThe prosecution wraps up closing statements in the trial against five former aides to Ponzi schemer Bernard Madoff. Madoff's former secretary, his former head of operations, an account manager and two computer programmers are on trial.
Prosecution Delivers Closing Arguments In Trial Of Bernard Madoff's Ex-Employeesprosecutor John Zach told jurors Tuesday that Madoff depended on his former secretary, his former head of operations, an account manager and two computer programmers to keep his fraud alive for four decades.
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.