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
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.
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.
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.
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.
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.
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.
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.
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.
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