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.
In book, investor alleges a 2-decade affair with disgraced financier Bernard MadoffAugust 14th, 2009 Author alleges she was Madoff's 20-year mistressNEW YORK — Bernard Madoff's decades-long fraud might not have been his only secret. A new book says he had a two-decade affair with one of his investors.
Ponzi king Madoff had inexperienced regulators eating out of his hands, says bookAugust 12th, 2009 NEW YORK - Jailed Ponzi king Bernard Madoff had young inexperienced government regulators so wowed at his ritzy Midtown headquarters that they asked about job openings and dropped off resumes, while missing clear evidence he was running a massive illegal racket, a new book has claimed. Madoff firm secretary Elaine Solomon told author Andrew Kirtzman for his book, "Betrayal: The Life and Lies of Bernie Madoff," "No wonder they never found anything."
In the book out today, Solomon, speaking out for the first time since Madoff's epic downfall last winter after years of operating his multibillion-dollar scam, was quoted by the New York Post as saying that the arch-fraudster got anxious every time investigators from the Securities and Exchange Commission came knocking at his Third Avenue office in the Lipstick Building.
Apologetic ex-Madoff CFO DiPascali reveals details of Ponzi scheme as he pleads guilty in NYCAugust 11th, 2009 Ex-Madoff CFO pleads guilty in court in NYCNEW YORK — The former chief financial officer for Bernard Madoff has pleaded guilty in a cooperation deal to 10 charges, including conspiracy. Frank DiPascali entered the pleas Tuesday in federal court in Manhattan.
Madoff gets honorary membership of HotPrisonPals.comJuly 26th, 2009 NEW YORK - Multi-billion dollar fraudster Bernard Madoff has received an honorary membership of HotPrisonPals.com, a website that helps prisoners hook up with pen pals. The site describes its jailbirds as "the hottest, succulent, juiciest, gorgeous, hunkiest, most muscle-throbbing, adorable, cutest, piece[s] of man meat.
Bernard Madoff 'was a fraudster by birth'July 24th, 2009 NEW YORK - Multi-billion dollar fraudster Bernard Madoff was a devious liar and cheat since the day he was born, reveals a new book. "Bernie showed his con-man colours as early as high school, when he held an English class enthralled with an oral book report-one that he made up on the spot out of whole cloth," the New York Post quoted Jerry Oppenheimer, author of book "Madoff With the Money," as saying.
Prison coach says Bernard Madoff was not afraid before starting 150-year sentence in NCJuly 15th, 2009 Prison coach: Madoff was not afraid ahead of termNEW YORK — A prison coach who helped Bernard Madoff get ready for his 150-year sentence says the disgraced financier was not afraid before starting his term at a federal penitentiary in North Carolina. Herb Hoelter (HOHL'-ter) told the CBS "Early Show" that Madoff was remorseful but composed when Hoelter met him four days before sentencing.
NY prosecutors signal plea deal with Bernard Madoff's longtime accountant in sightJuly 15th, 2009 NY prosecutors near deal with Madoff accountantNEW YORK — Federal prosecutors in Manhattan have signaled they may be near a plea deal with Bernard's Madoff longtime accountant. The prosecutors notified the court on Wednesday they intend to file a document that would allow David Friehling (FREE'-ling) to plead guilty in the case instead of being indicted.
Multi-billion dollar fraudster Madoff's request for soft-touch prison rejectedJuly 15th, 2009 NEW YORK - Wall Street's biggest fraudster Bernard Madoff will serve his jail term along with an Israeli spy and an Islamic terrorist at a North Carolina prison, where he was transferred on Monday after the US Bureau of Prisons rejected his request to spend the rest of his life at the Otisville Correctional Institute, an easygoing prison. Now Prisoner No 61727-054, Madoff, 71, is serving his 150-year sentence for running a 65 billion dollar ponzi scheme at the Butner Federal Correctional Complex, 480 miles from New York, where Madoff's wife and two sons.
Here's your chance to send mail to Bernie Madoff in prisonJuly 13th, 2009 NEW YORK - Want to vent out your anger on Bernard Madoff personally? Well, you can at least write a mail to the fraudster via MadoffMail.com. The site is offering people a chance to send emails that will be eventually delivered to the scammer in prison.
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.
Person close to Madoff investigation tells AP more arrests expected, but not imminentJune 30th, 2009 Madoff behind bars, investigation grinds forwardNEW YORK — The day after Bernard Madoff received a 150-year prison term, investigators are continuing their pursuit of other suspects in his massive fraud. A person close to the investigation tells The Associated Press no more arrests are imminent, but 10 people are expected to face charges by the time investigators are done.
NY prosecutors: Judge orders disgraced financier Bernard Madoff to forfeit over $170 billionJune 27th, 2009 Judge orders Madoff to forfeit over $170 billionNEW YORK — A federal judge has ordered disgraced financier Bernard Madoff to forfeit over $170 billion. Prosecutors say U.S.
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.
Ponzi fraudster Madoff used London office as piggy bank: UK investigatorsMarch 28th, 2009 LONDON - Disgraced US financier Bernard Madoff used the London arm of his corrupt investment business as his personal "piggy bank", British fraud investigators have claimed. The Serious Fraud Office (SFO) described Madoff Securities International, based in Mayfair, Central London as "a cog in the global washing machine", through which the jailed fraudster had laundered billions of pounds.