RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

Bernard Madoff

Bernard Madoff
Bernard Madoff's family turned him in to authorities in December, blowing the whistle on what authorities said he described as a "giant Ponzi scheme."

Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.

The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.

He is free on bail but must stay at his Upper East Side apartment.
Bernard Madoff's family turned him in to authorities in December, blowing the whistle on what authorities said he described as a "giant Ponzi scheme."

Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.

The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.

He is free on bail but must stay at his Upper East Side apartment.
« Show less

Top Bernard Madoff Articles

Displaying items 205-216
  • 'Shield' Star Schemes New Series at FX

    "The Shield" star Michael Chiklis is staying in the FX fold, moving behind the camera to develop a series about a Ponzi scheme. The project, called "House of Cards," will focus on a group of people running a complicated scam similar to the one that...
  • Sunday print column: Why hasn't Rothstein been arrested yet?

     
    See that our new system's technical glitches have prevented my Sunday column from being posted online, so here it is... WHY IS ROTHSTEIN STILL FREE? Last week, Scott Rothstein was seen swigging a lunchtime martini at the Capital Grill......
  • The year rap got drunk: 2009's best hip-hop songs about booze

     
    The last 12 months are likely to be remembered for their eclectic cultural sweep -- as the year Tiger Woods was sucked into a vortex of groupie hell, Bernard Madoff’s Ponzi scheme came tumbling down and “The Real Housewives of......
  • Wall Street Roundup: TARP's price tag. Madoff's jail troubles

     
    Slowing recovery. An index of leading economic indicators for February showed the least growth in a year, suggesting that the pace of the economic recovery may be slowing. The Conference Board's index of 10 economic indicators rose 0.1% in February,......
  • List of Madoff clients in Central Florida

    A court-appointed trustee handling the bankruptcy proceedings for Bernard Madoff released a list this week of 13,000 individuals, charities, investment clubs and organizations -- including more than 2,000 in Florida -- that may have lost money in Madoff's...
  • Madoffs Of West Hartford Victims Of No-Relation Investor

    Madoffs Of West Hartford Victims Of No-Relation Investor
    Meet the Madoffs — of West Hartford. Henry Madoff, who turns 89 in two weeks, retired years ago as a salesman. Adelaide Madoff, 84, retired as an insurance underwriter for Aetna. And to get to your next question: Yes, they are related to Bernard...
  • Local investors in no mood to toast Bernie Madoff

    Harry Heller Falk was watching TV when he first saw the news about Bernard Madoff. He knew the name instantly. His family, owners of the Heller Bros. citrus packing and shipping business that dates back to 1925 in Winter Garden, had been investors with...
  • Unemployment benefits expire for hundreds of thousands

     
    Losing your job is hard enough, but not being able to find a new one is even harder. Especially if your job search lasts for years, so long that your unemployment benefits run out and you have no money left.......
  • Wall Street Roundup: Bad news in good numbers. Betting on Madoff

     
    Bad news in good numbers. Although the unemployment rate dropped to 9.7% in May, the fall was largely a result of temporary census jobs, and new long-term jobs rose less than expected, the Labor Department reported. Madoff money. Some financial......
  • Ten for Tuesday: Caroline says yes

     
    Obama leads after electoral votes were cast in state Capitols yesterday, and his election as President will become official when the votes are tallied in Congress on Jan. 6. Caroline Kennedy has thrown down for the Senate seat, and......
  • California's May ballot scam

    California's May ballot scam
    If you think Bernard Madoff is the swindler of the year, stop and consider Gov. Arnold Schwarzenegger and the Legislature, the gang responsible for the ballot measures we'll be voting on in May. Let's start with the misleading titles of their...
  • TEST OF A TIME

    TEST OF A TIME
    1. True or false? After the mid-July failure of IndyMac Bank, Treasury Secretary Henry Paulson warned that the economy "could be in complete meltdown in two months." a. True. He said that estimate "might even be optimistic." b. False. He reassured the...