Former financier Bernard Madoff (C) leaves federal court following a hearing in New York, N.Y., in 2009. On Monday, the Justice Department reported that the fund designed to aid victims of the ...

The well-respected fund manager appears to have committed suicide. Dec. 23, 2008— -- Thierry Magon de La Villehuchet, a well-respected French investment fund manager who put at least $1.4 billion ...

In total, payouts to Madoff victims now amount to around $19 billion. The total amount reported missing from client accounts, including fictitious gains, was nearly $65 billion. Richard Breeden, ...

The trustee representing victims of Bernard Madoff’s fraud has filed more than two dozen lawsuits in recent weeks against foundations and charities that invested directly with Madoff and allegedly ...

Notorious Ponzi schemer Bernard Madoff has filed a petition with the Justice Department asking that President Donald Trump reduce his 150-year prison sentence. Madoff, 81, currently is serving that ...

NEW YORK (Reuters) - A U.S. government fund to compensate people swindled by Bernard Madoff announced its tenth and final distribution on Monday, saying it will have paid out $4.3 billion to 40,930 of ...

NEW YORK -- The amount of money recovered for victims of the Bernard Madoff Ponzi scheme has now topped $11 billion, bankruptcy lawyers announced today. "We now have $11,079,000,000," said Irving ...

Started his firm with $5,000 he saved from working as a lifeguard. Madoff served as NASDAQ’s chairman in 1990, 1991 and 1993. Had many high-profile victims, including director Steven Spielberg, actors ...

One of Bernard Madoff’s longest-serving employees is expected to plead guilty to criminal charges in the multibillion-dollar Ponzi scheme, U.S. prosecutors said, the latest among a dozen former ...

NEW YORK (Reuters) - Bernard Madoff is dying of kidney failure and has fewer than 18 months to live, and is seeking to end his 150-year prison sentence for masterminding what prosecutors have called ...