Bernard Madoff's Ponzi Scheme Victims List | featured news

Picower Estate to Pay $2 Billion to Madoff Investors

The estate of Jeffry Picower, an investor in Madoff's Ponzi scheme who died last fall, is expected soon to pay at least $2 billion to other investors burned by the fraud.


Madoff Victims Receiving IRS Refunds

The Internal Revenue Service has begun sending refund checks to investors who paid taxes on money they thought they had made before the multibillion-dollar fraud was revealed.


Bank to Pay $235 Million in Madoff Case

Banco Santander, which funneled $3 billion in client funds to Bernard L. Madoff, agreed to pay $235 million to settle potential legal claims by a trustee of Madoff victims.


Expected Madoff plea troubles victims

Some former customers of financier Bernard Madoff despise him for his fraud, but they are also angry with their government and a financial system they say robbed them of their savings.


Madoff judge affirms July 2 deadline for claims

A bankruptcy judge in the Bernard Madoff case refused Tuesday to waive a deadline for claims against the disgraced financier ...


From $700K to $10/hour

From $700K to $10/hour

A 90-year-old man who lost his life savings to accused fraudster Bernie Madoff is forced back to work.


Santander's Madoff Payout Grows

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.


Actors, baseball legends on Madoff client list

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 ...


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