madoff securities

Irving Picard, trustee for the victims of the Madoff fraud, has a new target – other Madoff clients. Picard has filed lawsuits against hundreds of defendants saying they profited from Madoff's giant Ponzi scheme, withdrawing more than they invested, CNN reported. He's seeking damages on...

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.

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.

The owners of Manhattan%u2019s landmark Lipstick Building, which housed convicted Ponzi schemer Bernie Madoff's opulent offices, has filed for chapter 11 bankruptcy protection. Could new owners make the economics work?

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.

A group of 700 investors is arguing that customers of convicted ex-financier Bernard Madoff should be entitled to recoveries from the Securities Investor Protection Corp. even if they collected more from the fraudulent schemes than they invested.

Last week, David Friehling, the auditor who had purportedly handled Bernie Madoff's books for years, pleaded guilty to nine charges having to with his auditing work, or lack thereof. The charges included securities fraud, investment adviser fraud, false filings with the SEC and obstructing or...

A year after the markets crashed, Wall Street salaries have recovered nicely, bank stocks have bounced back and the economy is apparently on the rise again. Yet, the investment game is more rigged than ever before. The retail investor has never been at a greater disadvantage -- not that retail...

Although it won't be released until next Tuesday, Cheryl Weinstein's already notorious memoir Madoff's Other Secret: Love, Money, Bernie, and Me is sure to take its place on the shelf among such other literary memoirs of lust, wealth, and power as Clinton mistress Gennifer Flowers's Passion &...

The feds aren't happy about it nor are the folks who lost billions in Madoff's financial scheme, but he is presently sitting in his exclusive $7 million apartment in Manhattan. I don't know what $7 million buys in Manhattan but I am sure that it is better than the standard jail cell. Madoff and...