Madoff scandal

Madoff sentenced to 150 years in prison

Bernard Madoff, whose greed had led to the largest ever Ponzi scheme that had ripped multibillion U.S. dollars from thousands of investors worldwide, will count the rest of his days in a prison cell. Full story

LATEST NEWS

10:40 GMT
U.S. tries again to jail Madoff
03:42 GMT
New restrictions on Madoff, but no jail
10:31 GMT
Can new regulation stop another Madoff?
03:42 GMT
Madoff 'victims' do math, realize they profited
03:41 GMT
Prosecutors say Madoff was ready to send out US$173M
05:04 GMT
Prosecutors want Madoff jailed
08:14 GMT
Madoff scandal, SEC role under scrutiny
07:31 GMT
SEC watchdog to be questioned about Madoff scandal
06:06 GMT
Regulators probed Madoff eight times over 16 years: report
05:49 GMT
Prosecutor wants Madoff jailed without bail

BACKGROUNDER

Fruitless probes into Madoff

Starting in 1992, federal regulators examined various aspects of Bernard Madoff's business operations, but they never turned up the $50B Ponzi scheme.

New restrictions on Madoff, but no jail

2009-01-13 03:42:52 GMT SINA.com NEW YORK – A judge on Monday allowed Bernard Madoff to remain confined to his Manhattan penthouse, rejecting a bid to jail the disgraced financier but imposing new restrictions to keep him from mailing any more valuables to family and friends.

Prosecutors say Madoff was ready to send out US$173M

2009-01-09 03:41:31 GMT SINA.com NEW YORK – Prosecutors said Thursday that investigators found 100 signed checks worth $173 million in Bernard Madoff's office desk that he was ready to send out to his closest family and friends at the time of his arrest last month in what is alleged to be largest financial fraud in history.

Madoff scandal, SEC role under scrutiny

2009-01-06 08:14:53 GMT SINA.com WASHINGTON – Two more months of mortgage payments and retiree Allan Goldstein says he'll be broke, just another victim in what may be the biggest Ponzi scheme in history.

SEC watchdog to be questioned about Madoff scandal

2009-01-06 07:31:33 GMT SINA.com WASHINGTON - The U.S. Securities and Exchange Commission heard rumblings about Wall Street money manager Bernard Madoff's investment methods nearly a decade ago. Now a House of Representatives panel wants to know how, despite those warnings, Madoff continued to operate without an agency investigation.

Damages & aftershocks

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U.S. tries again to jail Madoff

2009-01-14 10:40:05 GMT SINA.com NEW YORK – U.S. prosecutors will try again on Wednesday to end Bernard Madoff's "penthouse arrest" and send the accused swindler to jail, and the state of New York has begun investigating the damage done to charities that invested in his alleged fraud.

Can new regulation stop another Madoff?

2009-01-09 10:31:26 GMT Forbes Reform will be a priority with the new Congress. But where to start?

Madoff 'victims' do math, realize they profited

2009-01-09 03:42:43 GMT SINA.com NEW YORK – The many Bernard Madoff investors who withdrew money from their accounts over the years are now wrestling with an ethical and legal quandary. What they thought were profits was likely money stolen from other clients in what prosecutors are calling the largest Ponzi scheme in history. Now, they are confronting the possibility they may have to pay some of it back.

Stolen Madoff statue returned with note attached

2009-01-05 08:53:44 GMT China Daily NEW YORK - A statue stolen last month from Wall Street financier Bernard Madoff's Florida home has been returned undamaged, and with a note attached, to a country club where the accused swindler is a member, Palm Beach police said on Thursday.

Video report

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Prosecutors want Madoff jailed

2009-01-07 05:04:41 GMT Reuters U.S. prosecutors sought to revoke bail and put accussed Wall Street swindler Bernard Madoff in jail after he allegedly mailed $1 million in items.

Madoff under house arrest

2008-12-17 23:18:21 GMT Reuters Disgraced financier Bernard Madoff is placed under house arrest as Congress orders a probe into the securities watchdog agency.

Scam victims weigh legal options

2008-12-16 23:14:54 GMT Reuters A stampede of victims seeks legal action against alleged Wall Street scam mastermind Bernard Madoff.

Madoff's alleged scam victims

2008-12-15 23:09:20 GMT SINA.com Bernard Madoff's alleged scam has wiped out the funding of a non-profit group and cut into the fortunes of financial firms and the rich.