Stories tagged with Madoff
Geoffrey Canada gets a front-row seat to another financial scandal
By A. James Memmott | November 3, 2009 at 8:18am | 0
Geoffrey Canada, the CEO of the not-for-profit Harlem Children’s Zone, may be wondering about the cost of connections.
Picower takes what he knows about Madoff fraud to the grave
By Carol Eisenberg | October 27, 2009 at 7:31am | 0
Chalk up another tragic ending connected to Bernard Madoff’s con - and another door likely nailed shut for investigators.
Picower’s spot on Forbes 400 may be short-lived
By A. James Memmott | October 6, 2009 at 12:16pm | 0
If Irving H. Picard has his way, Jeffry Picower may no longer be among the super rich.
Bankruptcy trustee sues Ruth Madoff
By Carol Eisenberg | July 30, 2009 at 10:56am | 0
Ruth Madoff may never be prosecuted in connection with her husband’s decades-long Ponzi scheme, but her days living “a life of splendor” could be over.
Company and four individuals charged in Madoff swindle
By Laurie Bennett | June 23, 2009 at 7:30am | 0
The SEC filed suit Monday against a New York company and four individuals, accusing them of feeding billions to Bernard Madoff’s Ponzi scheme.
Madoff trustee sues Fairfield Greenwich to recover funds
By Carol Eisenberg | May 19, 2009 at 3:26pm | 2
The court-appointed trustee of Bernard Madoff’s defunct firm is going after the millionaire middlemen who acted as witting or unwitting accomplices to Madoff’s $65 billion Ponzi scheme.
J. Ezra Merkin to give up control over hedge funds
By Carol Eisenberg | May 19, 2009 at 1:02pm | 0
Financier and philanthropist J. Ezra Merkin assented Tuesday to step down as manager of his hedge funds and to place them into receivership.
Court-appointed trustee goes after Madoff family’s wealth
By Carol Eisenberg | May 6, 2009 at 12:27pm | 0
It looks like court-appointed Madoff trustee Irving Picard is going after the whole shebang: Not just Bernard Madoff’s Manhattan penthouse and home in the Hamptons, but also a good chunk of the wealth accumulated by family members.
Beverly Hills manager Stanley Chais sued by Madoff trustee
By Carol Eisenberg | May 5, 2009 at 11:29am | 0
Jewish philanthropist Stanley Chais was one of Bernard Madoff’s earliest investors, steering tens of millions of dollars of other people’s money to the convicted swindler.
J. Ezra Merkin sued for civil fraud in Madoff probe
By Carol Eisenberg | April 6, 2009 at 12:49pm | 0
The financier, philanthropist and former GMAC chairman who steered more than $2 billion of investors’ money into Bernard Madoff’s Ponzi scheme was sued Monday by New York Attorney General Andrew Cuomo.
Ruth Madoff got $2M from husband’s UK office
By Carol Eisenberg | March 27, 2009 at 2:05pm | 0
British investigators said Friday that Ruth Madoff got a $2 million payment from the London division of her husband’s securities firm just weeks before he was arrested for securities fraud.
Is the noose tightening around Peter Madoff?
By Carol Eisenberg | March 26, 2009 at 12:36pm | 1
The younger brother and business partner of convicted felon Bernard Madoff is under increasing scrutiny from investigators, as well as from victims of the $65 billion fraud.
Feds to go after Ruth Madoff’s money too
By Carol Eisenberg | March 16, 2009 at 12:41pm | 1
Authorities plan to go after more than $100 million in real estate, cash, art, autos, boats and other property owned by Ruth Madoff and her husband Bernard Madoff, who pleaded guilty last week to running the largest Ponzi scheme in history.
Madoff ordered to jail after pleading guilty
By Carol Eisenberg | March 12, 2009 at 11:47am | 0
Disgraced Wall Street trader Bernard Madoff was sent to jail Thursday after pleading guilty to all 11 charges against him, and expressing shame and sorrow for bilking investors of nearly $65 billion.
Charges against Madoff leave many unanswered questions
By Carol Eisenberg | March 11, 2009 at 12:46pm | 0
Barring a change of heart, Bernard L. Madoff will plead guilty tomorrow to running a massive Ponzi scheme for at least a quarter century that defrauded thousands of people in virtually every corner of the globe.
Madoff aide said to have ordered up fake trading tickets
By Carol Eisenberg | March 9, 2009 at 12:21pm | 0
Annette Bongiorno, a longtime aide to accused swindler Bernard Madoff, allegedly instructed assistants to create bogus trading tickets which were used to mislead investors, according to the Wall Street Journal.
Madoff to face his victims in court Thursday
By Carol Eisenberg | March 8, 2009 at 9:24am | 1
This is the week that Bernard Madoff, the former NASDAQ chairman accused of perpetrating the biggest fraud in U.S. history, will confront his victims for the first time – and perhaps even acknowledge his own culpability.
Ruth Madoff seeks to keep NY penthouse, $62M in assets
By Carol Eisenberg | March 3, 2009 at 7:16am | 10
The wife of accused swindler Bernard Madoff argues that their $7 million Manhattan penthouse and an additional $62 million in assets belong to her.
Sen. Lautenberg’s family sues Madoff’s brother
By Carol Eisenberg | February 26, 2009 at 10:23am | 0
Relatives of New Jersey Sen. Frank Lautenberg are pursuing a novel approach to try to recover millions they lost in Bernard Madoff’s alleged $50 billion Ponzi scheme. They’re suing his brother.
Stanford’s ties to Madoff helped sink him
By Carol Eisenberg | February 22, 2009 at 11:03am | 0
It was Bernard Madoff’s financial meltdown that helped implicate R. Allen Stanford, the flamboyant Texas billionaire accused of defrauding investors of $8 billion.
