A judge has frozen the assets of Peter Madoff, the brother of Ponzi schemer Bernie Madoff, and granted him $10,000 a month in living expenses. How is he supposed to live on that?
A lawyer representing more than 70 former clients of Bernie Madoff wants to force the Ponzi schemer into bankruptcy. Meanwhile, federal marshals have seized his $9 million Palm Beach home and a $2 million yacht.
David Friehling, the New York accountant who signed off on Bernie Madoff's books, has been arrested as an accomplice in Madoff's Ponzi scheme. His alleged crime? Not doing his job.
After pleading guilty to his $50 billion fraud, Ponzi schemer Bernie Madoff is headed for jail. Which jail? Probably the federal prison in Otisville, N.Y., where he'll have the chance to meet new friends!
Applause broke out in a New York courtroom — and across the nation — as U.S. District Judge Denny Chin ordered Bernie Madoff, who has confessed to a $50 billion Ponzi scheme, to jail. Immediately.
Bernie Madoff's lawyer, Ira Lee Sorkin, signaled to a judge today that his client would plead guilty to charges, which would carry a life sentence, of running a $50 billion Ponzi scheme.
The latest issue of New York has taken a look inside the mind of Bernie Madoff and come up empty. What launched him on the path to a $50 billion Ponzi scheme remains a puzzle.
A trustee overseeing the dissolution of Bernie Madoff's $50 billion Ponzi scheme says the former Wall Street statesman, a pioneer of computerized trading, apparently hadn't purchased securities for customers in 13 years.
Allen Stanford, the Texas billionaire charged yesterday in an $8 billion fraud by the SEC, apparently lied to his clients about all kinds of things. Including not losing any money to Bernie Madoff.
It's always the question when a husband goes bad: How could the wife not know? Massachusetts officials say Ruth Madoff took $15.5 million out of husband Bernie Madoff's firm shortly before his arrest.
Steven Simkin, a partner at a big New York law firm, is suing his ex-wife, Laura Blank, for $2.7 million he paid in a divorce settlement for her half of a Bernie Madoff account.
At last, everyone is hearing Cassandra out. The doomed prophet has taken modern shape in Harry Markopolos, the Boston accountant who blew the whistle on Bernie Madoff. The SEC ignored him. Now Congress listens.
Is the greatest Ponzi schemer in history a bit obsessive-compulsive? From former employees, whispers of his quirks and predilections are emerging. And now, for the first time, we have a look at his offices.
What did Ruth Madoff know, and when did she know it? The wife of the man accused of a $50 billion Ponzi scheme reportedly ran the books for his crooked money-management business.
Ponzi schemer Bernie Madoff's immediate family is more than a little sketchy. But what about his parents? His mom was banned from being a broker and his dad didn't pay his property taxes.
The Feds still want to throw accused Ponzi schemer Bernie Madoff in jail for mailing mittens. Oh, and some diamonds and emeralds and other expensive things.
Bernie Madoff is still at large. Prosecutors are trying to get the financier, accused of running a $50 billion Ponzi scheme, thrown in jail for mailing valuables to his brother. Including mittens!