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The trustee in charge of untangling the mess brought on by the Bernard Madoff scandal told investors Friday there was no indication the financier bought securities for his clients.
Banco Santander, Europe's second-largest bank by market value, has quietly sweetened a compensation deal for selected private banking clients who lost money in Bernard Madoff's alleged Ponzi scheme.
A former British soldier killed himself after losing his life savings in an alleged $50 billion fraud run by Wall Street financier Bernard Madoff, the dead man's son said.
Massachusetts' top securities regulator said accused swindler Bernard Madoff's wife took out roughly $15 million from an account days before her husband was arrested.
Accused Wall Street swindler Bernard Madoff has agreed to a permanent freeze on his assets without admitting or denying fraud charges in a civil case against him, a U.S. regulator said on Monday.
Hall of Fame pitcher Sandy Koufax. Broadcaster Larry King. World Trade Center developer Larry Silverstein. All three have at least one thing in common: Their names appear on a list of several thousand clients of disgraced financial ...
Harry Markopolos, a former financial executive who tried to blow the whistle on Bernard Madoff, told Congress that securities regulators had ignored his repeated pleas for a thorough investigation of the accused swindler's alleged $50 billion fraud.
New York's attorney general issued subpoenas to former GMAC Financial Services Chairman J. Ezra Merkin, three of his funds and 15 nonprofits in his probe of alleged frauds on charities in the Bernard Madoff scandal.