Bernie Madoff Newswire

Comprehensive Real-Time News Feed for Bernie Madoff.

Results 1 - 20 of 1,244 in Bernie Madoff

  1. On Native GroundIT'S not Perfect, but Obama's Stimulus is a Needed StartRead the original story

    5 hrs ago | American Reporter

    Even if it's true that we're all separated by a few degrees, I was still surprised to learn that I was connected to criminal financier Bernie Madoff. A few weeks ago, when I saw the picture of Madoff's high school in the New York Daily News, I was shocked.

    Comment?

  2. Make My DayTHE Joys of Turning 42Read the original story

    5 hrs ago | American Reporter

    It's hard to resist being gleeful at seeing Wall Street swindler Bernard Madoff get the maximum sentence - 150 years in prison - for bilking investors out of anywhere between $65 billion and $171 billion. Because many of the people whom Madoff ripped off were more renowned than, say, the millions who lost their homes in the subprime mortgage debacle, he has gotten far more attention than he deserves.

    Comment?

  3. On Native GroundAFTER a Year in Office, Obama Has Yet Take Political Risks for ChangeRead the original story

    Jan 1, 2010 | American Reporter

    ... sad - in a schadenfreude kind of way - are the many mansions going for bargain prices at foreclosure sales. Bernie Madoff and his devastating Ponzi scheme had something to do with the fact that these days, less than $500,000 will buy you a ...

    Comment?

  4. Document Discovery Clarified in Foreign Criminal CasesRead the original story w/Photo

    19 hrs ago | Law.com

    A federal statute that authorizes courts to order document production for certain foreign proceedings also permits discovery for use in a criminal investigation conducted by a foreign magistrate, the U.S. Court of Appeals for the Second Circuit has ruled. Deciding an appeal involving the investigation into a Switzerland "feeder fund" for the Bernard Madoff Ponzi scheme, the court resolved a case of first impression in interpreting 28 U.S.C. 1782.

    Comment?

  5. Ex-Madoff manager sentenced to six years prison for fraudRead the original story w/Photo

    Monday Dec 15 | Chicago Tribune

    A former manager at Bernard Madoff's firm was sentenced to six years in prison on Monday for helping her now imprisoned boss carry out his multibillion dollar Ponzi scheme. JoAnn Crupi, 53, was the last of five former Madoff employees to be sentenced after a Manhattan federal jury found them guilty in March in the first criminal trial over Madoff's decades-long fraud, which collapsed in 2008.

    Comment?

  6. Ex-Madoff account manager sentenced to 6 yearsRead the original story

    Monday | The Daily Advance

    A former account manager for Bernard Madoff was sentenced Monday to six years in prison for her role in his epic multibillion-dollar fraud, ending a series of proceedings for five former employees that resulted in prison terms dramatically below what prosecutors sought. U.S. District Judge Laura Taylor Swain announced the sentence for 53-year-old JoAnn Crupi, calling it "a justly harsh result for someone whose work was so integral to the unspeakable fraud perpetrated by Bernard Madoff."

    Comment?

  7. Former Madoff employees from N.J. sentenced for roles in massive fraudRead the original story w/Photo

    Monday | NJ.com

    Two New Jersey residents are among former employees sentenced this month for their roles in helping disgraced financier Bernard Madoff carry out his multibillion dollar Ponzi scheme, Preet Bharara, U.S. Attorney for the Southern District of New York, announced Monday. George Perez, 48, of East Brunswick, was sentenced last week to two and a half years in prison and ordered to forfeit $19 billion.

    Comment?

  8. Madoff Aide Sentenced to Six Years in PrisonRead the original story w/Photo

    Monday | Wall Street Journal

    A federal judge sentenced JoAnn Crupi to six years in prison on Monday for her role in aiding Bernard Madoff's Ponzi scheme, capping the legal odyssey of five former Madoff employees convicted of helping enable the fraud. Legal observers have been surprised by the leniency of the five defendants' sentencings, with the lengthiest prison sentence set at 10 years.

    Comment?

  9. 5th former Madoff aide gets prison sentenceRead the original story w/Photo

    Monday | USA Today

    The former Bernard Madoff aide who oversaw the main bank account for the Ponzi scheme architect's firm was sentenced to six years in prison Monday for her role in the fraud. 5th former Madoff aide gets prison sentence The former Bernard Madoff aide who oversaw the main bank account for the Ponzi scheme architect's firm was sentenced to six years in prison Monday for her role in the fraud.

    Comment?

  10. Ex-Madoff Aide to Get 6 Year Term For Aiding Ponzi SchemeRead the original story

    Monday | Bloomberg

    ... me shame and remorse for the rest of my life," Crupi said. "I really believed the lies Frank DiPascali and Bernie Madoff told me." Assistant U.S. Attorney John Zach argued that a lengthy prison term was warranted because Crupi should have realized ...

    Comment?

  11. Westfield Woman Gets Prison for Role in Madoff ScandalRead the original story w/Photo

    Monday | The Alternative Press

    Joann "Jodi" Crupi of Westfield, who once who managed hundreds of millions of dollars in fictitious investments at Bernard L. Madoff Investment Securities LLC, was sentenced to six years in prison and ordered to forfeit $33.9 billion in Manhattan federal court Monday, according to an announcement by the United States Attorney for the Southern District of New York. Crupi was convicted in March of 13 counts of securities fraud, falsifying the books and records of Madoff Securities, conspiracy, tax faud and bank fraud.

    Comment?

  12. On Native GroundENDING an Endless War is Getting Harder to doRead the original story

    May 23, 2013 | American Reporter

    I don't hate the Yankees or the Mets, the Lions or the Packers, the Lightning or the Bruins, the Celtics or the Lakers or the Heat. I once hated Roy Cohn, instinctually, but he died.

    Comment?

  13. Ex-Madoff Manager Sentenced to 6 Years in Prison for FraudRead the original story w/Photo

    Monday Dec 15 | News Max

    A former manager at Bernard Madoff's firm was sentenced to six years in prison on Monday for helping her now imprisoned boss carry out his multibillion dollar Ponzi scheme. JoAnn Crupi, 53, was the last of five former Madoff employees to be sentenced after a Manhattan federal jury found them guilty in March in the first criminal trial over Madoff's decades-long fraud, which collapsed in 2008.

    Comment?

  14. Ex-Madoff manager gets six years prison for fraudRead the original story

    Monday Dec 15 | Reuters

    A former manager at Bernard Madoff's firm was sentenced to six years in prison on Monday for helping her now imprisoned boss carry out his multibillion dollar Ponzi scheme. JoAnn Crupi, 53, was the last of five former Madoff employees to be sentenced after a Manhattan federal jury found them guilty in March in the first criminal trial after the decades-long scheme collapsed in 2008.

    Comment?

  15. Medical school bleeds Yeshiva URead the original story w/Photo

    Monday Dec 15 | Crain's New York Business

    A deal meant to stabilize the finances of money-losing Albert Einstein College of Medicine of Yeshiva University may be derailed, putting more financial pressure on the university to address losses dating back to a reported $100 million hit from former trustee Bernard Madoff's fraud scheme. Hobbled with a junk-bond-status credit rating, Yeshiva University officials have spent recent years selling off real estate, completing a $175 million private placement to investors, and striking the now-faltering deal to create a joint venture between Einstein and Montefiore Medical Center in the Bronx.

    Comment?

  16. Adam LeBor: An Englishman in HungaryRead the original story w/Photo

    Monday Dec 15 | Forward

    Adam LeBor is an author and journalist who, as well as writing for outlets such as The Economist and Newsweek, has written books including "The Believers: How America fell for Bernard Madoff's $65 billion Investment Scam" and about a world bank in "Tower of Basel: The Shadowy History of the Secret Bank that Runs the World." Most recently he has taken up his pen to write a series of thrillers about a secret U.N. operative called Yael Azoulay.

    Comment?

  17. Superintendent Ritter Tries to Shut Us Up and Disgraced Ex-Board Members Flip Off Parents On Way OutRead the original story w/Photo

    Monday Dec 15 | Daily Kos

    ... gifts from Stone & Youngberg LLC, an investment banking company who was fined for its involvement in the Bernie Madoff scandal . Ritter failed to disclose these gifts, as required by law. Stone & Youngberg LLC was hired by TVUSD to handle the sale ...

    Comment?

  18. IAN: Witley Park, Monday December 15, 2014Read the original story w/Photo

    Sunday Dec 14 | Daily Kos

    ... by fire in 1952, was later demolished. A few forlorn lodges and some stables survive. He was apparently the Bernie Madoff of his time, a swindler on a truly large scale. The details of his swindle are quite interesting. The Slate article is the most ...

    Comment?

  19. On Native GroundABOUT Those Glimmers: Things are Still LousyRead the original story

    Sunday Dec 14 | American Reporter

    ... front runner, but scandals and mud-slinging related to Colombian David Murcia - Panama's version of swindler Bernie Madoff - have knocked down her poll ratings. Recent polls show Martinelli with as much as a 9-point lead, followed by Herrera, and ...

    Comment?

  20. Why Social Security hurts society and isn't secureRead the original story

    Sunday Dec 14 | Enter Stage Right

    ... the music stops and there are never enough chairs. The most successful Ponzi scheme we know of was with Bernie Madoff. It eventually came crashing down, and it was a pittance compared to the tenuous superstructure we have built up with Social ...

    Comment?