U.s. Marshals, Ponzi Scheme | featured news

Illinois Ponzi scheme fugitives caught in Arizona

Acting on a tip, U.S. marshals in Arizona put an end to an Illinois couple's life on the lam, a dozen years after they fled punishment for running a Ponzi scheme that targeted friends, the elderly, and even family members, authorities said.

 

Marshals seize Madoff’s $7 million penthouse

Marshals seize Madoff’s $7 million penthouse

The U.S. Marshals Service on Thursday took possession of disgraced financier Bernard Madoff's $7 million Manhattan penthouse, an action that forced his wife to move elsewhere.

 

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