Fraud, Bernard Madoff | featured news

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 judge who said she disbelieved his claims that he did not know about the epic fraud.

The trustee seeking to recover money for investors who lost billions of dollars in jailed financier Bernard Madoff's fraud has filed civil charges for some nearly $20 billion.

Prosecutors expect to charge Frank DiPascali Jr., a former Madoff lieutenant, with multiple counts of fraud and other criminal charges.

Arch swindler Bernard Madoff will not appeal the 150-year prison sentence he received for masterminding a global multibillion-dollar investment fraud, his main lawyer said on Thursday.

Massachusetts’ top securities regulator has charged a Connecticut investment firm with fraudulently misrepresenting its lack of knowledge about Bernard Madoff’s operations.

A federal appeals court ruled that Madoff, who faces up to 150 years in prison, must remain in jail until his sentencing.

Bernard Madoff's longtime accountant was arrested on fraud charges Wednesday, accused of aiding the man who has admitted cheating thousands of investors out of billions of dollars in the past two decades.

The lawyers of disgraced US financier Bernard Madoff contest a judge's decision to revoke his bail and send him to jail.

NEW YORK (Reuters) - Bernard Madoff, who cultivated a worldwide mystique as he churned out amazingly steady returns for his investors year after year, finally admitted it was all a lie, saying he had felt compelled to deliver "at any cost."

Bernard Madoff has arrived at the federal courthouse where he is expected plead guilty to 11 felony charges that stem from a ...