A former employee of hedge fund manager J. Ezra Merkin claims Merkin was warned about Wall Street swindler Bernard Madoff years before losing tens of millions of dollars of investors' money in Madoff's Ponzi scheme, according to court papers unsealed Friday.
A federal bankruptcy judge signed off Tuesday on a plan to raise tens of thousands of dollars for victims of the Bernard Madoff fraud by auctioning off pricey New York Mets season tickets owned by the disgraced financier's investment firm.
In an April 9 story about the Bernard Madoff scandal, The Associated Press reported erroneously that real estate developer and publisher Mortimer Zuckerman gave $40 million to Madoff to invest. Zuckerman placed the $40 million in a hedge fund run by J. Ezra Merkin, who then invested that money with Madoff. Zuckerman says he didn't know the money was given to Madoff.
Only one person has gone to jail so far in Bernard Madoff's massive stock fraud: Madoff himself. But that hasn't stopped prosecutors, regulators and victims from going after others who got gloriously rich off his scheme.
Bernard Madoff is still making a market — at least his Citi Field seats are.
A small group of investors took Bernard Madoff to bankruptcy court on Monday, saying the disgraced financier bilked them out of nearly $64 million.
Bernard Madoff's wife has visited him in the Manhattan jail where he has been held since pleading guilty to orchestrating perhaps the biggest Ponzi scheme in history.
New York's attorney general filed civil fraud charges Monday against a hedge fund manager who funneled $2.4 billion to Wall Street swindler Bernard Madoff without telling clients where their money was going.
Another of Bernard Madoff's trophy assets has been seized, this time in the south of France.
Even Bernie Madoff isn't exempt from the real estate slump. The Florida mansion that prosecutors seized from the Wall Street swindler appears to have lost a big chunk of its value since Palm Beach County officials assessed its worth last year at $9.3 million.
Massachusetts' top securities regulator accused a major feeder fund for Bernard Madoff's fraudulent investment scheme of misrepresenting its lack of knowledge about Madoff's operations.
A Connecticut town is suing disgraced financier Bernard Madoff, his family and investment companies because its pension board allegedly lost millions in Madoff's Ponzi scheme.
Bernard Madoff's brother Peter gets access to $10,000 a month for living expenses under an agreement approved Friday in a lawsuit accusing him of swindling a college student.
A Connecticut town is suing disgraced financier Bernard Madoff, his family and two investment companies after allegedly losing millions of pension dollars in Madoff's Ponzi scheme.
Now you can trade your two Ponzis for a Madoff (MAY'-dawf).
The prime Citi Field seats of Bernard Madoff's company could soon be available.
A deal has been reached to sell the part of Bernard Madoff's company that investigators are fairly certain was honestly run, and the company buying the operation said it is confident it isn't acquiring a den of thieves.
Bernard Madoff’s U.K. operations “played a significant role in the operation” of the New York financier’s massive Ponzi scheme, according to a report in The Wall Street Journal.
A Nassau County judge on Wednesday temporarily froze the assets of Bernard Madoff's brother after he was accused in a lawsuit of losing nearly a half million dollars in a trust he administered.
Wall Street swindler Bernard Madoff is a lucky charm for one New York City construction worker. Queens resident Ralph Amendolaro said he saw Madoff's prison number in a newspaper and had a good feeling so he played the last three digits of it in the state lottery's Numbers game. It hit March 15, paying $1,500.
Cohmad Securities Corp. said Tuesday it followed the rules in responding to Massachusetts regulators' complaint that it was slow to answer questions on its ties to Bernard Madoff.
A clearer picture is emerging of how much money might be available to pay back victims of the Bernard Madoff fraud, but while the pot is big it is nowhere near enough to repair all the damage.
More than $1 billion in assets from Bernard Madoff's businesses have been found, a lawyer for the trustee trying to recover money for jilted investors said Monday.
The Internal Revenue Service issued guidelines Tuesday that will allow tax relief and refunds for some Bernard Madoff victims who were levied for investment earnings that turned out to be nonexistent.
Bernard Madoff and his wife had $823 million in assets at the end of last year, including $22 million in properties stretching from New York to the French Riviera, a $7 million yacht and a $2.2 million boat named "Bull," according to a document his lawyers filed Friday.