JPMorgan Faces Federal Probe Over Energy Trading 'Schemes'
The latest federal inquiry to focus on JPMorgan Chase bears uncomfortable similarities to one of the most notorious chapters in U.S. business history: the Enron scandal.
bernie madoff
U.S. Regulator to Fault JPMorgan Over Madoff Accounts
Regulators plan to fault JPMorgan Chase, which served as Bernie Madoff's main bank for two decades, for failing to report suspicious activity, a source says.
Fraud Files: Plenty of Blame to Go Around in the Madoff Case
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 might be deemed partly responsible for the fraud.
Daily Blogwatch: Mark Madoff, Oprah, Groupon and More
Some of Monday's top online stories for investors, including: What a McCain-Palin victory might have looked like; how gold and silver could go ballistic by year end; and why Groupon is a real business.
Trustee Secures Additional $7.2 Billion for Victims of Madoff Fraud
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.
Report: Bernard Madoff Won't Attend Son's Funeral
Reports say jailed financial adviser Bernard Madoff, orchestrator of the largest-ever U.S. Ponzi scheme, won't attend the funeral of his son -- who apparently committed suicide last week.
JPMorgan Faces Lawsuit Over Madoff Fraud
A court-appointed trustee is suing JPMorgan Chase for its alleged involvement in Bernard Madoff's multibillion-dollar Ponzi scheme. The investment bank was Madoff's primary bank for 20 years. JPMorgan said it didn't know about -- much less assist -- Madoff's fraud.
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 tax evasion.
Madoff Investors Sue SEC for Incompetence
A Boston-based law firm announced a lawsuit Friday against the Securities and Exchange Commission on behalf of investors conned by Bernie Madoff. The suit brought by Kacheroo Legal Services seeks class-action status, and if it goes forward, it will be the first such suit ever.
Two Years After Madoff: Avoiding Ponzi Scheme Hell
It has been two years since Bernie Madoff's $60 billion Ponzi scheme to defraud investors was unmasked and investors are still trying to get their money back. Attorney Michael Goldberg explains what Ponzi schemes are, how to avoid them and how to get your money back (eventually) if you are caught in one.
Madoff Associate Stanley Chais Dies at 84
On Sunday, money manager Stanley Chais died at age 84, still under investigation for his involvement with Bernard Madoff. Chais channeled large amounts of investors' money to the now-notorious Ponzi schemer, and over the years extracted more than $1 billion from Madoff's fund.
A Ray of Hope for Bernie Madoff's Victims
A recent decision in the U.S. District Court raises the stakes for "feeder funds" who invested with Bernie Madoff. The judge wove through a "virtual minefield of lawyerly defenses" by Fairfield to get this pesky case dismissed without a trial.
