In 1960, Bernard Madoff
Investment Securities LLC.
The $65 billion (Dh238 billion) Ponzi scheme run by Wall Street luminary Bernie Madoff
claimed many victims.
Say the name Bernie Madoff
, and chances are everyone will immediately remember the Ponzi scheme that bilked investors of $64 billion.
And ever since news of the Madoff
investment scandal first broke in the winter of 2008, I've been wondering just how the muses would sing of the family Madoff
, their terrible deeds, and the subsequent misery they unleashed unto the world.
NEW YORK -- Bernard Madoff
's ex-director of operations for investments was sentenced Monday to 10 years in prison by a judge who cited the fraud's ''smoldering ruins'' as she kicked off an eight-day stretch during which she will announce the punishments of four other former Madoff
18 in attempt to clear his name of any involvement from the Bernie Madoff
Ponzi scheme that sapped billions from investors.
For more on white collar defense, check out these stories: Judge approves JPMorgan's $543 million settlement with Madoff
Court believes 'The Wolf of Wall Street' shirking court-ordered payments How risky are JP Morgan's litigation claims for 2014?
The New York State Insurance Fund Board of Commissioners has elected Eric Madoff
as its Executive Director.
JPMorgan has paid a steep price for keeping quiet about its suspicions about Bernard Madoff
7 billion to victims of the Bernie Madoff
Ponzi scheme as part of a settlement reached Monday with U.
Investment Securities LLC, according to trustee Irving Picard.
You won't come away from viewing Chasing Madoff
with any clearer picture of what motivated the man behind the record-breaking Ponzi scheme.