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Epic Ponzi scheme mastermind Bernard Madoff is dead. But the effort to untangle his web of deceit lives on.
Tagged with: bernie madoff fraud ponzi scheme
Read More »Even after Madoff’s death, work to unwind epic fraud goes on
Trial begins for Madoff’s associates, accused by lies driven by greed
NEW YORK — Five former employees of imprisoned financier Bernard Madoff enriched themselves and helped “perpetuate Madoff’s elaborate fiction” by weaving an elaborate web of lies that for decades duped investors and government regulators, a prosecutor said Wednesday as the ...
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Read More »U.S. attorney: Madoff employee to plead guilty in N.Y.
NEW YORK — Federal prosecutors say one of Wall Street swindler Bernard Madoff’s former controllers will plead guilty in New York to conspiracy charges in history’s largest Ponzi scheme. Prosecutors said in a letter to a judge late Tuesday that ...
Tagged with: bernie madoff conspiracy controller crime employee fraud guilty new york plead scheme trial
Read More »N.Y. court: Man stuck with Madoff loss in divorce
ALBANY, N.Y. — New York’s top court says a divorced Manhattan lawyer is stuck with his losses from an investment with disgraced financier Bernard Madoff that tanked two years after his divorce settlement. The Court of Appeals has rejected Steven ...
Tagged with: bernie madoff divorce maryland court of appeals new york ponzi scheme
Read More »N.Y. judge: Feeder funds not Madoff customers
NEW YORK — A federal judge has affirmed a bankruptcy court ruling that thousands of clients of funds that invested money with jailed financier Bernard Madoff do not qualify for payouts that reimburse Madoff customers. The decision made public Thursday ...
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Read More »C. Fraser Smith: Currie’s acquittal teaches the wrong lesson
Maybe now it’s official: Maryland’s elected leaders live in — and nurture — a culture of corruption. And yet, how sad for those lawmakers — the overwhelming majority — who work hard and play by the rules. There’s no platform ...
Tagged with: bernie madoff C. Fraser Smith corruption General Assembly maryland Sen. Ulysses S. Currie trial
Read More »Irving Picard working to recover money for Madoff victims
NEW YORK — Everyone’s mad at Irving Picard. To be fair, his job is thankless: He’s the court-appointed bloodhound in charge of hunting down money for the victims of Bernard Madoff, a man who was so skilled at hiding money ...
Tagged with: bernie madoff fbi fraud investors money new york ponzi scheme stock exchange wall street
Read More »Suit over Madoff losses revived
A Maryland appellate court has partially revived a lawsuit brought by an investment manager and his firm for $10 million in losses related to the Bernard Madoff Ponzi scheme. The Court of Special Appeals’ decision Wednesday will allow several counts ...
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Read More »Owings Mills mock trial demystifies expert witnesses
A murmur went up from the courtroom gallery in Owings Mills as the defendant’s name was called in the case of U.S. v. Bernard L. Madoff. Sensing a tough crowd, the accused stood up and opened his wallet, as if ...
Tagged with: bernie madoff mock trial owings mills stevenson university
Read More »Law blog round-up
Welcome back to everyone who was out of the office over the holidays, and Happy 2010! A variety of legal news clippings to smooth your way back to working a full week: First, 2009 is behind us, and according to ...
Tagged with: bernie madoff crime family law Judges lawyer layoffs maryland lawyer
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