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…

Madoff Trustee Sues UBS for $2 Billion

The trustee representing investors cheated by Bernie Madoff sued Swiss bank UBS (UBS) for $2 billion.

The suit alleges that UBS collaborated with Madoff’s Ponzi scheme, The Associated Press reported. The suit alleges 23 counts of financial fraud and …

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…

Bernie Madoff’s Personal Items Go on Sale

From monogrammed slippers to a stuffed leather bull, here’s a look at some of Bernie Madoff’s intimate possessions that are going up for auction. Madoff is currently serving a 150-year prison sentence in North Carolina for perp…