The trustee seeking to reclaim investors’ lost assets in the Bernard Madoff case alleged in a court filing last week that the philanthropist Carl Shapiro and his family foundation reaped more than ...

Investments from charitable foundations may have been key in helping Bernard Madoff sustain his Ponzi investment scheme for so many years, writes a columnist in Fortune magazine. Mitchell Zuckoff, ...

When Bernard Madoff was sentenced to one hundred fifty years in prison last week, what was most striking was the stridency of the chorus of outraged New Yorkers outside the Manhattan courthouse, all ...

The last disbursement, of more than $131 million, is being sent to more than 23,000 victims worldwide. When it is completed, more than $4.3 billion will have been distributed by the fund to more than ...

Bernie Madoff didn't just affect investors when his historic Ponzi scheme was exposed — his family, including his wife Ruth Madoff, was severely impacted as well. According to Reuters, prosecutors ...

NEW YORK -- The amount of money recovered for victims of the Bernard Madoff Ponzi scheme has now topped $11 billion, bankruptcy lawyers announced today. "We now have $11,079,000,000," said Irving ...

Notorious Ponzi schemer Bernard Madoff has filed a petition with the Justice Department asking that President Donald Trump reduce his 150-year prison sentence. Madoff, 81, currently is serving that ...

On 11th December 2008, financier Bernie Madoff was arrested for the biggest Ponzi scheme in history, writes Eliot Wilson The 1990s had been an economic boom time for much of the West, with America ...

JPMorgan Chase & Co., already beset by other costly legal woes, has agreed to pay $1.7 billion to settle criminal charges accusing the bank of ignoring obvious warning signs of Bernard Madoff's ...

— -- Bernard Madoff was ordered held on home detention in his $7 million Manhattan apartment Wednesday as furor grew over how the disgraced money manager was able to build an alleged $50 billion ...

CNN — Bernard Madoff, whose name became synonymous with financial fraud, died while serving a 150-year sentence in Federal Prison. He was 82 years old. His death Wednesday at the Federal Medical ...