Bernie Madoff First Auction Brings In Over $900000
Bernie Madoff First Auction Brings In Over $900000 to help pay back investors that were fleeced by the Madoff’s. Artifacts once owned by Bernie Madoff and Ruth Madoff, went on auction in New York on Saturday, November14th, 2009. It seemed everyone wanted a piece of the Madoff as items went for way over their expected [...]
Madoff Relatives Sued For $199 Million
Madoff Relatives Sued For $199 Million lawsuit against four of Bernie Madoff’s relatives on Friday, October 2nd, 2009. The court appointed trustee, Irving Picard, is suing: Madoff’s brother, Peter Madoff, who was the investment securities firm’s chief compliance officer; two sons, Andrew Madoff, Mark Madoff, who served as co-directors of trading; and niece, Shana Madoff, [...]
Ex-Madoff CFO Pleads Guilty
Ex-Madoff CFO Pleads Guilty to conspiracy and other charges in a NYC court. After months of secretly working with the FBI, Bernard Madoff’s right hand man emerged in federal court on Tuesday, August 11th, 2009, and pleaded guilty to conspiracy and other charges, contradicting claims by the disgraced financier that he acted alone. “I was [...]
Bernie Madoff Surprised No One Caught Him
Bernie Madoff Surprised No One Caught Him in Wall Street’s biggest investment fraud. In his first interview since entering prison, Madoff was surprised his $65 billion Ponzi scheme was not uncovered sooner. Madoff, 71, Wall Streeter who drew 150 years’ prison time for the defrauding unsuspecting clients, expressed remorse and talked candidly to a pair [...]
Ruth Madoff Goes Under The DA and Federal Microscope
Ruth Madoff Goes Under The DA and Federal Microscope as Ruth Madoff looks down upon New York from her ivory tower… wonder what she must be thinking as she realized her worst fears…the FEDS are after me too. Could any woman not be aware of what her husband is doing in today’s society? That might [...]
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