WASHINGTON, D.C. -- The victims of former hedge fund manager Bernie Madoff – the man convicted of perpetrating the largest Ponzi scheme in history – will receive a third disbursement of nearly $700 ...
Call it six degrees of Bernard Madoff. Kevin Bacon and wife Kyra Sedgwick are among the many victims of the massive Ponzi scheme run by the disgraced New York money manager. Bacon’s publicist, Allen ...
Of the foundations that have been hardest hit by the Bernard Madoff financial scheme, the majority of them lacked adequate board size or diverse board leadership, factors that contributed to their ...
The Internal Revenue Service is allowing tax relief and refunds for some investors who paid taxes on earnings from their investments with Bernard Madoff that turned out to be nonexistent, the head of ...
The trustee recovering money for victims of Bernard Madoff's epic fraud asked the U.S. Supreme Court Tuesday to overturn a ruling he says may prevent the recovery of nearly $4 billion, reward those ...
The last disbursement, of more than $131 million, is being sent to more than 23,000 victims worldwide. When it is completed, more than $4.3 billion will have been distributed by the fund to more than ...
Irving Picard, the trustee representing the victims of Bernie Madoff's ponzi scheme, reached a billion dollar settlement from the Tremont Group on Thursday. Reuters reports, "Thursday's cash ...
Victims of Bernard Madoff will receive an additional $378.5 million in funds forfeited to the government in connection with his decades-long Ponzi scheme, the Justice Department said. This ...
The alleged fraud perpetrated by the money manager Bernard Madoff devastated many Jewish nonprofit organizations. But according to at least one observer, the damage was largely self-inflicted. “The ...
Exactly how Tremont Group Holdings plans to defend itself against claims that it was “reckless” with client money that was invested in Madoff funds is something those affected by the Madoff ...
JAYNE BARNARD Guest Columnist WILLIAMSBURG On Monday in a crowded courtroom in New York City, nine citizens stood up and told the story of how Bernard Madoff had hurt them and their families. Judge ...