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Bernard Madoff

Latest Bernard Madoff News

  1. SEC Chairwoman Mary Schapiro Relinquishes Post

    Mon, 26 Nov 2012

    she has improved the agency from where it was in 2008, when, among the agency's many failures, it missed the Bernie Madoff Ponzi scheme. Obama has named SEC commissioner Elisse Walter - a George W. Bush appointee - to chair the agency going

  2. Meningitis Outbreak: Restoring Confidence in the Drug Industry

    Mon, 15 Oct 2012

    few years ago are caused by rogues. Every industry has its offenders and rogues. The world of asset management had Bernie Madoff ; Washington lobbyists and political advisors had Jack Abramoff; and football coach Jerry Sandusky is now deservedly

  3. One Month To Go, And The Polls - They Are A Changin' (The Note)

    Tue, 9 Oct 2012

    universally loved Sesame Street character as a budget cut, ABC's Devin Dwyer reports. In it, a narrator says: " Bernie Madoff . Ken Lay. Dennis Kozlowski. Criminals. Gluttons of greed. And the evil genius who towered over them? One man

  4. Madoff Victims: The Check Is in the Mail

    Thu, 20 Sep 2012

    Victims of Bernie Madoff 's multi-billion-dollar Ponzi scheme will liquidating Madoff 's investment statement. Madoff 's decades-long distributed to [ Bernard L . Madoff Investment victims of Bernard Madoff ," Picard

  5. Jennifer Sheehan Was 'Relieved' When Mom Killed Dad

    Mon, 16 Jul 2012

    parents. Conversely, Hilfer referenced shamed Ponzi schemer Bernie Madoff 's sons, Matt and Andrew Madoff , who notified police of what their father two-year anniversary of the arrest, Matt Madoff , 46, was found dead in his Manhattan apartment

  6. CEO of failed Iowa brokerage appears at court hearing

    Fri, 13 Jul 2012

    been a groundswell of public disgust with abuses within the financial service industry in recent years, thanks to the Bernard Madoff and MF Global scandals and excessive risk taking in the banking sector. American workers are now dealing with a lethargic

News

  1. N.Y. Parents of Teen Lost at Sea Blame Hawaii Tour Group

    Tue, 10 Jul 2012

    out to sea. The wave pulled Tyler Madoff , 15, out to sea six days ago after a fatality. His father, Michael Madoff , blamed Bold Earth Teen Adventures judgment and extremely poor character," Madoff said. He said, however, that there

  2. New Home Demolished Because Garage in Wrong Spot

    Mon, 2 Jul 2012

    IMF chief Dominique Strauss-Kahn during his house arrest in New York City last spring and providing bodyguards for Bernard Madoff while he awaited trial in 2009, according to TIME Magazine . Foster said the first floor was nearing completion

  3. Egypt's New President Vows to Win Release of World Trade Center Plotter

    Fri, 29 Jun 2012

    life in prison in 1996. He is presently incarcerated at the Butner federal facility in North Carolina, where Ponzi schemer Bernie Madoff , also 74, is serving his own effective life sentence. In 2005, lawyer Lynne Stewart was convicted of serving

  4. Peter Madoff Is Arrested and Taken to Get Fingerprinted

    Fri, 29 Jun 2012

    Peter Madoff , the younger brother of Ponzi scheme mastermind Bernard Madoff , was arrested at his lawyer's Manhattan office today. Madoff was taken to the FBI's years in jail. A former Bernard L . Madoff Securities LLC chief compliance

  5. 5 Things You Should Know This Morning

    Fri, 29 Jun 2012

    murder charge for the fatal shooting of 17-year-old Trayvon Martin. 4. Madoff 's Brother to Plead Guilty Peter Madoff , brother of convicted Ponzi schemer Bernard Madoff , is expected to enter a guilty plea this morning to conspiracy and falsifying

  6. Bernie Madoff's Brother To Plead Guilty

    Wed, 27 Jun 2012

    brother of con man Bernie Madoff will plead guilty multibillion-dollar Ponzi scheme, prosecutors federal prison. Peter Madoff , once the chief compliance officer of Bernie Madoff 's investment firm first member of the Madoff family other than

  7. If You Think Risky Strategies Are Just For the JPMorgans, Think Again

    Tue, 12 Jun 2012

    flexibility may block you from taking advantage of lucrative investment opportunities. Bernie Madoff 's clients, unwitting victims of the biggest Ponzi scheme in history, knew they were facing liquidity risk because they could only take money

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Videos

  1. Bernie Madoff and Wife Attempted Suicide

    Wed, 26 Oct 2011

    life savings and turned Bernie Madoff . Into one of the most late today we learned Bernie Madoff wife Ruth says she and lot about the biggest Ponzi scheme in American history her interview Ruth and Bernie Madoff tried to kill themselves

    Madoff found at 0:44, 2:17

    According to her interview Ruth and Bernie Madoff tried to kill themselves on Christmas C in this New York City penthouse apartment. It was just two weeks after Madoff had been arrested and his thousands of victims realized He had cheated them out of billions of dollars. Ruth Madoff admitted the suicide plan to CBS news sixty minutes.
    Ruth went into hiding in Florida after Madoff went to prison even dying her hair red. In an effort to avoid being recognized when she returned to New York.
  2. Bernie Madoff and Wife's Suicide Pact

    Thu, 27 Oct 2011

    Stunning new revelation in the story of Bernard Madoff the man behind the colossal Ponzi scheme that bilked thousands of has reported extensively on the Madoff case. Joins us now Brian. Soviet mrs. Madoff is now saying that the shame of

    Bernard Madoff found at 0:02

    Stunning new revelation in the story of Bernard Madoff the man behind the colossal Ponzi scheme that bilked thousands of people. Out of millions of dollars tonight his wife of more than fifty years. Silent since his arrest has spoken for the first time about it publicly ABC's Brian Ross who has reported extensively on the Madoff case. Joins us now Brian.
  3. Bernie Madoff Goes on the Record

    Mon, 28 Feb 2011

    Bernie Madoff the man who perpetrated twenty billion dollar Ponzi scheme has spoken after the suicide of Madoff son mark in December people's In fact Madoff actually blames his impossible to stop the Ponzi scheme. I tried to

    Madoff found at 0:46, 1:08, 1:17

    unburdened himself -- conversation. The calls started after the suicide of Madoff son mark in December. Of the two year anniversary of -- also rest.
    Made oust former secretary says Madoff seems to showed no remorse.
    In fact Madoff actually blames his victims for expecting big returns to always be there. Which He says made it impossible to stop the Ponzi scheme.
  4. Peter Madoff Arrested in Alleged Ponzi Scheme

    Fri, 29 Jun 2012

    his older brother Bernie Madoff as the company's books and although Bernie Madoff maintained that his multi billion dollar Ponzi scheme. Peter Madoff is pleading guilty third anniversary of Bernard Madoff . Going to prison

    Bernard Madoff found at 1:05

    Good morning -- Peter -- Madoff is taking a plea deal. And along with what is expected to be a ten year prison sentence he will have to forfeit all of his assets all of that money will go to Madoff victims. Many of whom believe this punishment. Is far too lenient. This 66 year old Peter Madoff worked for his older brother Bernie Madoff as the company's compliance officer which means it was -- job. To check the books and although Bernie Madoff maintained that his brother knew nothing of the multi billion dollar Ponzi scheme. Peter Madoff is pleading guilty to two charges related to the scheme. He admits to conspiracy to commit securities fraud by among other things making false statements to investors he's also pleading to a charge of falsifying records. And while other Madoff employees have been charged in this scheme. Peter Madoff is now the first of -- relatives to face charges and today's court date comes on the third anniversary of Bernard Madoff . Going to prison to serve a 150. Year sentence Peter Madoff is expected -- in court. At 11 AM.
  5. Bernie Madoff's Brother Pleads Guilty

    Fri, 29 Jun 2012

    to the days since Bernie Madoff was sent to prison paid back. Peter Madoff met his fate in reports that kept his Ponzi scheme hidden from Even as adults as Bernie Madoff gained fame as a prison. Bernie Madoff remains at the federal

    Madoff found at 0:23, 1:53

    Peter Madoff met his fate in court today three years to the day after his older brother Bernie. -- sentenced to prison for 150 year. In Peter's case he agreed to a sentence of ten years in prison. After pleading guilty to falsifying the compliance reports that kept his -- Ponzi scheme hidden from regulators. But he told the judge today he did not realize his brother was running a massive fraud until the very end. I was in total shock -- said. My world was destroyed I lost everything. Growing up in the New York Borough of queens -- was always the kid brother here standing proudly next to burning in a family photo. Even as adults as Bernie Madoff gained fame as a supposedly brilliant Wall Street investor Peter was the other -- Never made a partner but still loyally following Bernie for forty -- into his life of luxury and crime. I did as my brother had said as I had consistently done for decades Peters said today. Now he will follow his brother to prison. Bernie Madoff remains at the federal prison in Butler North Carolina where other inmates say he has emerged as a respected member of his
    desk now we were all surprised has been three years since Bernie Madoff was sent away and curious how much of the billions has been -- back to these investors well about twenty billion apparently disappeared and they have recovered a more than nine it's almost fifty cents on the dollar. And they'll be even more now with Peter Madoff was agreed to forfeit all his homes including homes in Palm Beach and here on park avenue in his Ferrari. -- all
  6. Bernie Madoff Talks to the Press

    Wed, 16 Feb 2011

    arrived in prison Bernard Madoff is breaking his silence about his Ponzi scheme his victims a bit agitated. Madoff did business of some blindness to his Ponzi scheme. They had know. Previously Madoff had told the court

    Bernard Madoff found at 0:02

    A year and a half after He arrived in prison Bernard Madoff is breaking his silence about his Ponzi scheme his victims and his family. The mastermind of the twenty billion dollar fraud talked to the New York Times since -- He sure. There are a lot of people who were complicit who saw when He was doing but look the other way. Chief investigative correspondent Brian Ross has been on the Madoff story since day one.
  7. Bernie Madoff , Romance Lover

    Sun, 10 Apr 2011

    He's now reading. Bernie Madoff . Professor of ethics for the biggest Ponzi scheme ever claims says it's true. Madoff also says He passes The interview Bernie Madoff gave to the Financial pushed him into the Ponzi scheme. And He

    Madoff found at 0:30, 1:32

    Man who built so many investors out of 65 billion dollars Bernie Madoff . Is back in the news tonight with some rather startling claims it tonight -- the money management job He now has and the romance novels. He's now reading. -- Bernie Madoff . Professor of ethics from prison the man responsible for the biggest Ponzi scheme ever claims two of the nation's top business schools Harvard and northwestern. Have approached him to work on ethics courses. Neither school says it's true. Madoff also says He passes his time reading romance novels by Danielle Steele but he's also busy constructing a story of his own.
    Madoff has been talking to a psychologist and taking antidepressants. For days a week He runs the commissary. Known around the prison as the money management department Aaron -- ABC news New York.
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