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Bernard Madoff, mastermind of giant Ponzi scheme, dies at 82

April 14, 2021 |

Contributing to Madoff's facade was the existence of legitimate businesses alongside the fraudulent one at his firm, Bernard L. ... Bernard Lawrence Madoff was born on April 29, 1938, to Ralph Madoff and the ...

Bernard Madoff, who masterminded Ponzi scheme that cost billions, dies

April 14, 2021 |

Emily Langer, The Washington Post Bernard L. ... He was in his early 20s when he opened Bernard L. ... Bernard Madoff attended the University of Alabama before transferring to Hofstra University on Long Island, ...

Fairfield recovers $2.9M in Madoff pension losses in ruling against investment firm

March 16, 2013

Fairfield was awarded nearly $3 million Friday by a Stamford Superior Court judge ruling in favor of the town's claim against an investment firm that invested money from the town's retirement fund in the ...

California wins a fraction of Bernard Madoff fraud recovery

October 28, 2016 |

(AP) - California is recovering $15 million related to the massive Ponzi scheme engineered by Bernard Madoff. ... Officials say he instead funneled investors' life savings to the now-imprisoned Madoff, whose financial pyramid collapsed in 2008.

Town keeps trying to recoup pension funds lost in Madoff fraud despite court setback

August 11, 2011 |

Genevieve Reilly, Staff Writer A ruling by the state Appellate Court that Fairfield can't pursue principals of investment funds that funneled money to Bernard Madoff's massive Ponzi scheme doesn't mean an end to ...

Public debates $294.3M budget proposal at financiers' forum

March 20, 2016 |

"I would think after Madoff, the town would be more conservative," Frigo said, referring to the hit the town's pensions suffered after investing in a fund that suffered losses in the collapse of Bernard Madoff's Ponzi scheme.

Town presses court case to regain pension losses in Madoff fraud

May 21, 2011 |

Stephen Singer, Associated Press HARTFORD -- Lawyers representing the town of Fairfield asked the state's Appellate Court on Thursday to reverse a lower court ruling that the town cannot make claims for losses ...

Flatto: A few of the highs and lows

March 24, 2011

In 2008, officials learn that $42 million in pension money invested through feeder funds with multi-billion-dollar Ponzi schemer Bernard Madoff is lost when his fraud collapses. The town files lawsuits against ...

MAXAM to Fairfield: Not so fast on $2.9M Madoff swindle payback

March 29, 2013 |

Not so fast on Madoff payback Andrew Brophy Fairfield officials' recent announcement that they have recovered $2.88 million in lost municipal pension money invested with convicted Wall Street scam artist Bernard ...

Bernard Madoff employee asked for $200 million loan

November 9, 2013

Bloomberg briefing Number of the day $200 million That's how much an employee of Bernard Madoff's securities firm requested in a loan from JPMorgan less than a month before Madoff's arrest in 2008. The loan ...

Bernard Madoff's brother gets 10-year sentence

December 20, 2012 |

Bernard Madoff is serving a 150-year prison term. ... The suspense surrounding the sentencing of the brother of Ponzi king Bernard Madoff will largely be absent because a plea agreement makes a 10-year prison ...

Bernard Madoff's brother gets 10-year sentence

December 20, 2012 |

The suspense surrounding the sentencing of the brother of Ponzi king Bernard Madoff will largely be absent because a plea agreement makes a 10-year prison term all but certain. ... (AP Photo/John Minchillo, ...

Bernard Madoff's brother gets 10-year sentence

December 20, 2012 |

Much of the suspense for the sentencing in New York of the brother of Ponzi king Bernard Madoff has been eliminated with a plea agreement that makes a 10-year prison term all but certain. But the proceeding ...

Bernard Madoff's brother gets 10-year sentence

December 20, 2012 |

LARRY NEUMEISTER and COLLEEN LONG NEW YORK (AP) -- The brother of imprisoned financier Bernard Madoff was sentenced Thursday to 10 years in prison for crimes committed in the shadow of his notorious sibling by a ...

Bernard Madoff's brother gets 10-year sentence

December 21, 2012

She choked back tears as she described her struggle to "clothe and feed my children" since Bernard Madoff four years ago revealed the Ponzi scheme that wiped out her family's life savings. ... The sentencing ...

Movies: 'Elysium,' 'Blue Jasmine' & '2 Guns'

August 9, 2013

"BLUE JASMINE" Cate Blanchett delivers an astounding, Oscar-worthy performance in Woody Allen's compassionate, yet chilling character study of the disgraced, discarded wife of a Bernard Madoff-like fraud.

Fairfield's 'accidental' first selectman's legacy of service

May 5, 2011

In the debit column is the loss of $42 million in municipal pension-fund investments to Bernard Madoff's Ponzi scheme.

Bernard Madoff film profiles fraud investigator

September 4, 2011 |

Jeff Prosserman's new documentary profiles fraud investigator Harry Markopolos, who spent 10 years trying to expose Bernard Madoff. ... NEW YORK - MARCH 12: Disgraced financier Bernard Madoff passes a police ...

GUEST VIEW: A tough message for Bernard Madoff's victims

August 23, 2011 |

Tribune News Services The following editorial appeared in the Los Angeles Times on Friday, Aug. 19: Bernard Madoff's colossal fraud cost investors nearly $65 billion in lost principle and earnings. ... But ...

Photos: On this day - Dec 11, 2008 - Bernard Madoff arrested

December 11, 2013

AP Images Best of the Decade Bernard Madoff arrives at federal court in New York Thursday, March 12, 2009. ... Marshals Service, a pair of ear-rings that once belonged to Ruth Madoff, the wife of imprisoned ...

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