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Bernie Madoff News

News about Bernie Madoff continually updated from thousands of sources around the net.

5 hrs ago | Seeking Alpha

Synopsis: Bill Ackman's Herbalife Presentation-Round 2

Pershing Square Founder and CEO, Bill Ackman, has taken the offensive once again in his billion dollar short of Herbalife .

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Related Topix: Marketing, Queens, NY, New York, NY

10 hrs ago | Investopedia

OMG, I Think I've Been Scammed

Americans lose an estimated $40 billion to $50 billion a year to investment scams, according to the Financial Fraud Research Center.

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Related Topix: Criminal Defense Law, Law

Mon Jul 21, 2014

The Advocate

Court rules Stanford victims cana t get protection agency funds

The Securities Investor Protection Corp.'s emergency fund is not available to people who were fleeced of billions of dollars by Houston swindler Robert Allen Stanford, an appellate court has ruled.

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Related Topix: District of Columbia Circuit Court of Appeals, US News

CNN

Zelizer: Are Democrats afraid of the inequality issue?

In the early 20th century, industrial tycoons like the Rockefellers and Carnegies amassed fortunes in railroads, steel or oil.

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Related Topix: Lawrence Ellison, Home, Mortgage, Personal Finance, Opinion

Philly.com

Lesson from Madoff: Avoid family-run investment firms

Looking for some sleazy beach reading? Here's a tale of a whole family ripping off investors: Bernie Madoff and his sons are back in the news.

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Fri Jul 18, 2014

Reuters

RPT-Maddoff associates should get 'significant' time -prosecutors

Five former employees of disgraced investment manager Bernard Madoff should be sentenced to "significant" prison sentences of up to 20 years or more, prosecutors said in a court filing on Friday.

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Related Topix: Criminal Defense Law, Law

On Wall Street

New Boost for RIA Exam Funding Bill

Legislation to step up the frequency of SEC examinations of investment advisors received a boost, winning its first Republican endorsement from Rep. Spencer Bachus on Thursday.

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Related Topix: US News, US Politics, Republican, US House of Representatives, Spencer Bachus, Jeb Hensarling, Democrat, Maxine Waters

Thu Jul 17, 2014

Housing Wire

Madoff sons accused of role in Ponzi scheme

The Ponzi scheme perpetrated by Bernie Madoff is back in the news. According to a court-appointed trustee, Madofff's sons created accounts out of thin air and engineered sham loans to buy Manhattan real estate as they diverted tens of millions of dollars from their father's firm.

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Related Topix: Financial Services, Bernard L Madoff Investment Securities, Investment Services

Bloomberg

JPMorgan's Dimon Gets $37 Million of Crisis-Era Options

JPMorgan Chase will let Jamie Dimon collect about $37 million in stock options created during the financial crisis, as the board stands by its leader after risk-management lapses and billions of dollars in legal settlements.

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Related Topix: Banking, JP Morgan Chase , US News

Wed Jul 16, 2014

New York Daily News

Madoff's sons knew about scheme: lawsuit

The lawsuit seeks to recoup $153 million from Andrew Madoff, the estate of his older brother, Mark, and Mark's widow, Stephanie Mack.

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KFVS12

OMG, I think I've been scammed

Americans lose an estimated $40 billion to $50 billion a year to investment scams, according to the Financial Fraud Research Center.

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Related Topix: Criminal Defense Law, Law

Tue Jul 15, 2014

Brandon Sun

New lawsuit claims Madoff's 2 sons knew of the Ponzi scheme, and deleted emails in a coverup

The trustee trying to recover money for victims of Bernard Madoff says in a new lawsuit that Madoff's two sons knew of the Ponzi scheme and sought to cover up the fraud by deleting emails during a Securities and Exchange Commission probe.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Criminal Defense Law

The Miami Herald

Feds to refund about $50 million to Ponzi schemer Rothstein's victims

When everyone was crunching the staggering numbers after convicted Ponzi schemer Scott Rothstein stole more than $360 million from hundreds of investors, no one predicted they would be made whole.

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Related Topix: Economics News, Bankruptcy

JD Supra

Madoff Bankruptcy Decision Offers Protection for Foreign Investors

In re Madoff Securities Extends Morrison Framework to Prevent Avoidance of Purely Foreign Transfers under SIPA and the Bankruptcy Code - Applying the U.S. Supreme Court's landmark decision in Morrison v.

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Related Topix: Economics News, Bankruptcy, US News, US Supreme Court

Mon Jul 14, 2014

Fast Company

Here's The Truth About Lying At Work

Admit it. You've called in sick to work when you weren't officially down with the flu or some other contagious illness.

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Related Topix: Business News

Sun Jul 13, 2014

TheStreet.com

Why JPMorgan is Undervalued on Long-Term Earnings Growth Estimates

Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly.

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Related Topix: Mozilla, Home, Mortgage, Personal Finance

Fri Jul 11, 2014

USA Today

Ex-Madoff computer programmer seeks leniency

One of Bernard Madoff's former computer programmers has joined two co-workers in seeking light punishment for their guilty verdict on charges of aiding the disgraced financier's massive Ponzi scheme.

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Related Topix: Prison

Wed Jul 09, 2014

Bangor Daily News

Maine couple who lost more than $1 million in Madoff's Ponzi scheme take case to jury trial

A Bremen couple who lost more than $1 million in disgraced stock broker Bernard Madoff's investment scam is suing the advisors they say talked them into the ill-fated fund.

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Related Topix: Maine

USA Today

Convicted Madoff aide seeks 8-year prison term

Bernard Madoff's former secretary should be sentenced to as little as eight years in prison for her conviction on charges of aiding the Ponzi scheme mastermind's fraud, her attorney says in a legal filing.

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Tue Jul 08, 2014

Los Angeles Times

Jury acquits brother of imprisoned Galleon Group hedge fund founder

The former Goldman Sachs director was convicted in June of securities fraud and conspiracy for passing confidential information to hedge-fund manager Raj Rajaratnam.

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Related Topix: Prison, Galleon Group, Financial Services, Investment Services, Goldman Sachs, Cohen Group, Consulting

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