Some Madoff Victims Pursued by Trustee for Damages

Irving Picard, trustee for the victims of the Madoff fraud, has a new target – other Madoff clients.

Picard has filed lawsuits against hundreds of defendants saying they profited from Madoff’s giant Ponzi scheme, withdrawing more than they inve…

Two More Arrested in Madoff Ponzi Scheme

Annette Bongiorno and Joann “Jodi” Crupi, both long-term employees at Bernard L. Madoff Investment Securities, were arrested Thursday and charged with multiple counts of conspiracy, securities fraud, falsifying documents and ta…

Two Years After Madoff: Ponzi Hell Continues


It has been two years since Bernie Madoff’s $60 billion Ponzi scheme to defraud investors was unmasked and investors are still trying to get their money back. Attorney Michael Goldberg explains what Ponzi schemes are, how to avoid them and how to get your money back (eventually) if you are caught in one.

Continue reading Two Years After Madoff: Ponzi Hell Continues

Two Years After Madoff: Ponzi Hell Continues originally appeared on DailyFinance on Sat, 16 Oct 2010 06:00:00.

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