Bernard Madoff


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Bernard Madoff

A broker and investment adviser whose firm was revealed in 2008 to be the largest Ponzi scheme in history. Before this revelation, Madoff was a well respected and supposedly successful investor and philanthropist. His penny stock company developed the computer technology that led to the foundation of NASDAQ. He served as chairman of NASDAQ and was on the board of the National Association of Securities Dealers. His victims included a large number of charitable organizations that had allowed Madoff's firm to invest their endowments. In 2009, he pleaded guilty to defrauding his victims of nearly $65 billion; he was sentenced to 150 years in prison.
References in periodicals archive ?
Thousands of victims of Bernard Madoff's Ponzi scheme are due to get checks totaling $695 million from a U.S.
US district judge, John Koeltl, in Manhattan has dismissed a lawsuit against JPMorgan (NYSE: JPM) that accused the bank of being part of Bernard Madoff's Ponzi scheme.
Bernard Madoff and His Accomplices: Anatomy of a Con
NEW YORK -- Andrew Madoff, Bernard Madoff's last surviving son, died of cancer on Wednesday, years after turning his father in and insisting he had been duped like the rest of the world into believing history's most notorious Ponzi king was an honest financier.
Paul Konigsberg, Bernard Madoff's former accountant, pleaded guilty on Tuesday to aiding in Madoff's $17 billion fraud, Reuters reports.
An accounting executive who allegedly helped Bernard Madoff on his multibillion-dollar Ponzi scheme was charged by the US authorities who are broadening their investigation into the fraud five years after it was uncovered.
NEW YORK -- Prosecutors want evidence of romantic and sexual relationships excluded from the upcoming trial of some of Ponzi king Bernard Madoff's subordinates.
Irving Picard, the trustee working to recover funds for victims of Bernard Madoff, is asking a judge to block a settlement reached with the founders of Fairfield Greenwich Group.
of New York at Buffalo) provides a detailed case study of Bernard Madoff's disastrous Ponzi scheme that imploded in 2008 and involved billions of dollars.
Summary: The wife of convicted fraudster Bernard Madoff claims that she attempted suicide with her husband after his multi-billion dollar Ponzi scheme was exposed.
Washington, Oct 27 (ANI): The wife of 'Ponzi king' Bernard Madoff has said that they tried to commit suicide after the fraud scheme was exposed.
New york: The trustee seeking money for Bernard Madoff s victims is now seeking $19 billion from JPMorgan Chase, tripling the amount he hopes to recover from what was once the main bank of the imprisoned Ponzi schemer.