What's scarier than ghosts and goblins? Madoff at HalloweenOctober 11th, 2009 Madoff mask a natural for HalloweenNEW YORK — Don't be alarmed if Bernard Madoff comes knocking this Halloween. The real Madoff pleaded guilty to a decades-long Ponzi scheme that cost investors millions of dollars.
Madoff trustee seeks $7B from Fla. philanthropist, accuses him of trying to avoid blameOctober 1st, 2009 Madoff trustee seeks $7B from Fla. philanthropistNEW YORK — A trustee trying to recover Bernard Madoff's assets for jilted investors now says a Florida philanthropist should return $7 billion that he received from Madoff.
Mass. reaches $8 million settlement with Madoff feeder fund to fully refund investorsSeptember 8th, 2009 Mass. reaches settlement with Madoff feeder fundBOSTON — The Massachusetts secretary of state has reached an agreement with one of Bernard Madoff's feeder funds that calls for full restitution for the state's victims. Secretary of State William Galvin says the $8 million deal was struck Tuesday, less than 24 hours before Fairfield Greenwich was supposed to appear at a state hearing.
Convicted swindler Bernard Madoff leaves Atlanta lockup for NC prisonJuly 14th, 2009 Madoff leaves Atlanta lockup, headed to NC prisonWASHINGTON — Disgraced financier Bernard Madoff has left a federal prison in Atlanta and is heading to his new home in a North Carolina prison. Federal Bureau of Prisons spokeswoman Linda Thomas on Tuesday said Madoff has left the penitentiary in Atlanta.
Ruth Madoff gets passport back from feds, now free to leave countryJuly 8th, 2009 Ruth Madoff gets passport back from feds
NEW YORK — If Ruth Madoff wants to escape public scorn, she is now free to leave the country. A federal judge on Monday ordered the court system to return Madoff's passport.
Trustee: $231 million authorized so far for nearly $3 billion in claims by Madoff investorsJuly 1st, 2009 $231 million set aside for Madoff claimsNEW YORK — A court-appointed trustee unraveling Bernard Madoff's massive fraud so far has allotted $231 million from a securities industry fund that compensates victims — a record amount for the fund, but a mere fraction of what was lost. In a statement Wednesday, Trustee Irving Picard said to date he has processed 543 claims brought by Madoff's burned clients, and concluded they are owed nearly $3 billion.
Hedge fund manager Merkin to sell art trove for $310M, could eventually help Madoff victimsJune 30th, 2009 Madoff 'feeder' Merkin parts with art troveNEW YORK — A hedge fund manager being sued over his role the Bernard Madoff scandal is selling off $310 million worth of art. Financier J.
Saga to end Monday for Madoff, but pain is just beginning for many cash-strapped victimsJune 28th, 2009 Pain continues for cash-strapped Madoff victimsNEW YORK — Bernard Madoff will learn Monday whether he will spend the rest of his life in prison. But for thousands of his victims, the pain of wondering what the future holds is only beginning.
SEC reaches settlement with Bernard Madoff, bars him from securities industryJune 16th, 2009 SEC accord bars Madoff from securities industryWASHINGTON — Federal regulators have reached a settlement with disgraced money manager Bernard Madoff that prohibits him from working in the securities industry. The Securities and Exchange Commission says it accepted Madoff's settlement offer to be barred from association with any brokerage or investment firm.
NY trustee: Philanthropy invested with Madoff should have known returns were fraudulentMay 13th, 2009 NY trustee sues philanthropy in Madoff caseNEW YORK — The trustee overseeing the liquidation of Bernard Madoff's assets has sued one of the nation's leading educational philanthropies. The complaint filed Tuesday in Manhattan bankruptcy court alleges the Picower Foundation and several related entities made nearly $7 billion by investing with Madoff.
Trustee sues overseas money manager, saying should have known about Madoff schemeMay 12th, 2009 Trustee sues money manager in Madoff caseNEW YORK — The trustee overseeing the liquidation of disgraced financier Bernard Madoff's assets has sued another investment fund. The lawsuit filed Tuesday in bankruptcy court in Manhattan accused the Harley International Ltd.
Mass. hearing officer orders firm that sent investors to Madoff to account for referrals, feesMay 9th, 2009 Mass. orders firm to account for Madoff referralsBOSTON — A state hearing officer has ruled that Cohmad Securities Corp. must provide state regulators with an accounting of all Massachusetts investors the firm referred to admitted Ponzi schemer Bernard Madoff.
Trustee in Madoff fraud offers quicker relief to hardest-hit victimsMay 9th, 2009 Trustee unveils Madoff hardship programNEW YORK — A trustee wants to give a break to investors hardest hit by the Bernard Madoff fraud. Irving Picard unveiled a hardship program Friday that will put the victims first in line for up to $500,000 of relief.
NYC trustee accuses Los Angeles money manager, others of making $1 billion off Madoff scamMay 2nd, 2009 NY trustee in Madoff scandal sues LA money managerNEW YORK — A longtime Los Angeles money manager and philanthropist raked in more than $1 billion in false earnings from disgraced financier Bernard Madoff, a trustee overseeing the liquidation of Madoff's assets claimed Friday. In a complaint filed in Bankruptcy Court in Manhattan, court-appointed trustee Irving Picard alleged that Stanley Chais must have known Madoff was running a massive Ponzi scheme and should be forced to forfeit the earnings to help pay claims from thousands of burned investors.
Trustee orders Madoff investors to return $735M in bogus profits paid before scam collapsedApril 24th, 2009 Madoff investors ordered to return false profitsNEW YORK — The trustee unraveling Bernard Madoff's Ponzi scheme is threatening legal action to recover $735 million from investors who unwittingly made money off the swindle. For decades, Madoff paid steady profits to his clients, telling them the money came from the stock market.
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