Bernie Madoff

Are we safer from Ponzi schemes now?

Jan 9, 2014
A lot has changed since Bernard Madoff defrauded $17 billion. Has it made a difference?
Posted In: Bernie Madoff, ponzi scheme, Securities and Exchange Commission

Do big fines even matter for JP Morgan Chase?

Jan 6, 2014
The bank faces a hefty penalty for failing to warn customers of Bernie Madoff's infamous scheme, but all the fines don't seem hurt the company at all.
Posted In: JP Morgan Chase, Bernie Madoff, ponzi scheme, fines

Judge mulls additional payment to Madoff victims

Aug 22, 2012
At issue: Should part of the money earmarked for victims be set aside for interest on lost investments?
Posted In: Bernie Madoff

New settlement comes out of Madoff Ponzi scandal

Jun 25, 2012
There's a new settlement related to the Bernie Madoff Ponzi scheme. It's about a money manager named Ezra Merkin, who has agreed to pay more than $400 million dollars to his former customers who lost billions when he invested their money with Madoff.
Posted In: Bernie Madoff, legal, settlement

Mets owners settle Madoff suit

Mar 19, 2012
The owners of the New York Mets, who were Bernard Madoff investors and friends, agree to pay $162 million of gains from the Ponzi scheme.
Posted In: ponzi, Bernie Madoff, New York Mets

On 2nd anniversary of Madoff's Ponzi scheme arrest, son found dead

Dec 12, 2010
It's been two years since federal authorities hauled Bernie Madoff to lock-up for confessing to be the biggest con man in financial history. Thi...
Posted In: Bernie Madoff, investors, lawsuit, ponzi, SEC