The son of convicted swindler Bernie Madoff is dead. Mark Madoff was found dead of a suspected suicide in his Manhattan apartment early Saturday morning, CNN News reports. The body of Madoff, a husband and father of a two-year-old boy, was discovered hanging from a ceiling pipe with a dog leash, authorities say. His young [...]
Posts Tagged ‘madoff’
Madoff brother, sons and a niece agree to limit spending to protect assets
February 6th, 2010 |
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Bernard Madoff’s brother, sons and a niece, accused in a lawsuit of using the family finance business like a “piggy bankâ€, have agreed to an asset freeze. The deal with court-appointed trustee Irving Picard was described in a document filed Friday in the US Bankruptcy Court in Manhattan.
Madoff unit escapes UK fraud charges
February 3rd, 2010 |
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Britain’s Serious Fraud Office (SFO) confirmed yesterday it will not pursue charges against the UK arm of Bernard Madoff’s investment firm as it seeks to broaden out its investigation. “Following a thorough review of all the available evidence (the SFO) has decided to take no action against
Madoff moved to prison hospital
December 24th, 2009 |
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Wall Street conman Bernard Madoff has been moved to a prison hospital from his cell where he is serving a 150-year jail sentence, US prison authorities said Wednesday. Madoff, 71, was moved last Friday to the hospital in North Carolina’s Butner prison, where he has been held, according to
Madoff’s spoils go under the hammer for $1 million
November 15th, 2009 |
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AÂ treasure trove of spoils from Wall Street swindler Bernard Madoff and his wife raked in nearly a million dollars Saturday in an auction to help pay back some of his victims. But the proceeds were still just a mere drop in the ocean compared to the $21.2 billion investors are said to
Bernie Madoff’s Programmers Arrested
November 13th, 2009 |
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Jerome OHara and George Perez allegedly developed and maintained computer programs that generated numerous false and fraudulent books and records that were part of Bernie Madoff’s elaborate Ponzi scheme.
– The FBI arrested Nov. 13 two of convicted swindler Bernie Madoff’s programmers. Jerome OHara and George Perez were charged with conspiracy,
falsifying books and records of a broker-dealer and falsifying books
and records of an investment adviser.
For decades, Madoff ran an
elaborate Ponzi s…
Madoff friend Picower dead, found in pool
October 26th, 2009 |
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Palm Beach billionaire and philanthropist Jeffry Picower, described as the biggest beneficiary of Bernard Madoff’s fraud, died on Sunday after he was found lying at the bottom of the pool at his home, police said. Police were investigating the death of the 67-year-old investor as a
Ponzi king Madoff emerges victorious in prison fight
October 15th, 2009 |
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Jailed Ponzi king Bernard Madoff was involved in a prison scuffle with a fellow inmate in North Carolina federal prison following a debate over stock market, and reportedly came out victorious.
According to reports, Madoff and the other inmate had a heated debate over the stock market, which turned sour when the former pushed Madoff.
Madoff retaliated [...]
Trustee sues Madoff’s relatives for $198.7m
October 4th, 2009 |
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Four relatives most closely associated with swindler Bernard Madoff’s firm could have stopped the fraud but they milked the business to buy everything from luxury vacation homes to paying for restaurant meals, a court-appointed trustee said. The trustee is suing the brother, sons and a niece of
Madoff friend seeks acquittal
August 23rd, 2009 |
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A friend of Bernard Madoff accused of helping fund billions of dollars to the imprisoned swindler asked judges to dismiss charges against him by the US Securities and Exchange Commission (SEC) and the trustee of Madoff’s investment advisory firm. Lawyers for Robert Jaffe asked a Manhattan
First Madoff Interview: Can’t Believe I Got Away with It
July 28th, 2009 |
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In his first prison interview, a buff-looking Bernie Madoff said he couldn’t believe he got away with his massive Ponzi scheme for so long.
“There were several times that I met with the SEC and thought ‘they got me,’” Madoff told Joseph Cotch…
Hotprisonpals.com Gives Madoff Honorary Membership
July 25th, 2009 |
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BERNIE Madoff is in for some interesting fan mail. HotPrisonPals.com, a Web site that helps jailbirds hook up with pen pals, has given the Ponzi schemer an honorary membership.
More on Bernard Madoff
Ron Kuby: A “Dryer” Version of Madoff
July 21st, 2009 |
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Let’s see–he ripped off hedge fund managers, real estate moguls, and real estate lawyers. The trifecta. Were there any normal people who got hurt? Sadly, the answer is yes.
“Madoff” Bill Would Charge Rich Criminals For Jail
July 21st, 2009 |
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For anyone who believes crime doesn’t pay, tell that to the New York state legislator who introduced a “Madoff” bill on Monday. Rich New Yorkers convicted of crimes would be forced — if his bill becomes law — to pay the state and federal gov…
B. Jeffrey Madoff: That’s the Way It Was
July 18th, 2009 |
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I wanted my kids to watch a few examples of what the news was like when I was their age so I put on the clip of Cronkite’s coverage of the Kennedy assassination. “Wow”, my son said. “That was so quiet and so powerful.”
Mass. Philanthropist Refunds Madoff Victims
July 16th, 2009 |
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BOSTON — A Massachusetts philanthropist who lost most of his personal fortune in the Bernard Madoff scandal has paid $5 million out of his own pocket to restore the retirement savings of employees who lost money in the multibillion dolla…
Getting Into The Top Prisons: Madoff Didn’t Get His First Choice
July 16th, 2009 |
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The federal judge overseeing the trial of Bernard Madoff said he would recommend the man who pulled off the biggest Ponzi scheme in U.S. history serve out his sentence in the Northeast. Instead, Mr. Madoff landed in a prison nearly 500 miles a…
Madoff Moved To Fed Prison In North Carolina: CNBC
July 13th, 2009 |
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Convicted swindler Bernie Madoff is on his way to federal prison in Butner, NC, where he is sentenced to spend the next 150 years, CNBC has learned.
According to the Federal Bureau of Prisons Web site, the Butner facility houses a total of ab…