Convicted Ponzi schemer, Bernie
Madoff, is reportedly seeking compassionate release from prison at the age of 81.
Convicted ponzi schemer Bernard "Bernie"
Madoff is reaching out to the Department of Justice for clemency, according to CNBC.
In 1960, Bernard
Madoff founded
Madoff Investment Securities LLC.
The $65 billion (Dh238 billion) Ponzi scheme run by Wall Street luminary Bernie
Madoff claimed many victims.
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 workers.
Summary: The ongoing case against five former employees of Bernard
Madoff continued this past week as the judge called a recess for the jurors to ...
18 in attempt to clear his name of any involvement from the Bernie
Madoff Ponzi scheme that sapped billions from investors.
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.
JPMorgan Chase must pay $1.7 billion to victims of the Bernie
Madoff Ponzi scheme as part of a settlement reached Monday with U.S.
The lawyer of investors in an Irish fund has accused HSBC Holdings (LSE: HSBA) of not taking enough care to ensure that customers' funds with
Madoff were safe.