Peter Madoff Sentenced for Role in Brother’s Ponzi Scheme
Peter Madoff was sentenced to 10 years in prison on Thursday for his role in the multi-billion dollar Ponzi scheme orchestrated by his older brother, Bernie Madoff.
Madoff Money Manager Settles for $410 Million
The funds will go to the hundreds of Merkin investors, most of whom will get more than 40 percent of their losses, up to $5 million each.
Trustee Seeking More Money from Madoff Family
A little more than a week ago, Andrew Madoff professed to 60 Minutes that he was utterly unaware of his … Continue reading
New Insights Into Madoff’s Fraud
What the family’s recent media blitz has revealed about history’s largest Ponzi scheme
Mets Owners Aren’t the Only Big Winners in Madoff Ruling
The pool of money for Bernie Madoff’s victims may shrink by as much as $11 billion. Madoff trustee Irving Picard’s … Continue reading
SEC Under Fire Again in Madoff Investigation
The Justice Department has been asked to investigate a top SEC official who worked on compensation for Bernie Madoff’s victims … Continue reading
“The Madoff Affair” Can’t Stop, Won’t Stop
It’s been quite a week for America’s most reviled modern Ponzi-schemer. Despite the fact that Bernie Madoff’s sitting in a … Continue reading