It’s been more than two years since Bernie Madoff’s gigantic Ponzi scheme collapsed, but the blame game is just beginning. And many of the victims are jockeying for position, hoping to recover some money from other parties who …
In a jailhouse interview with the New York Times, Madoff pointed to a failure by banks and hedge funds to investigate when his filings with the Securities and Exchange Commission didn’t jibe with information that they could hav…
Accused Ponzi schemer Allen Stanford, whose attorney says he is unfit to stand trial on allegations of fraud, will be examined by a government psychiatrist.
Federal prosecutors asked for the examination after the court-appointed defense attorney argu…
Federal prosecutors and the trustee in charge of recovering money for the victims of Bernard Madoff’s Ponzi scheme have reached a settlement with the estate of Jeffry Picower worth $7.2 billion.
Continue readin…
Federal prosecutors and the trustee in charge of recovering money for the victims of Bernard Madoff’s Ponzi scheme have reached a settlement with the estate of Jeffry Picower worth $7.2 billion.
Continue readin…