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Latest Bernard Madoff Items
A prosecutor tried to convince a Manhattan jury Thursday that Bernard Madoff's former director of operations was in the thick of his massive fraud, despite his testimony that he was far removed.
Bernard Madoff's former operations chief testified Tuesday that he trusted a boss who "seemed to have the respect of the entire world" during the more than four decades they worked together before Madoff confessed to orchestrating a massive Ponzi scheme.
Convicted felon Bernard Madoff is back in federal prison after being hospitalized for a heart attack last month, CNBC reported Wednesday.
JPMorgan Chase said Tuesday that its profits fell 7 percent in the fourth quarter, hampered by more legal woes and a decline in the bank's investment banking business.
JPMorgan Chase & Co., already beset by other costly legal woes, has agreed to pay $1.7 billion to settle criminal charges accusing the bank of ignoring obvious warning signs of Bernard Madoff's massive Ponzi scheme, federal authorities said Tuesday.
Bernard Madoff, the former millionaire Ponzi schemer who traded his finance firm title for one in Butner Federal Correction Complex — as Inmate No. 61727-054 — now says he's racked with guilt and can't sleep most nights.
A court-appointed trustee in New York has mailed out $2.5 billion in checks to victims of Bernard Madoff's massive fraud.
Plans for the brother of jailed financier Bernard Madoff to plead guilty and serve 10 years in prison raise fresh questions about the status of the investigation into the epic multibillion-dollar fraud and whether other family members remain under criminal investigation.
Investors in four funds that lost more than $1.2 billion in Wall Street swindler Bernard Madoff's Ponzi scheme will receive $405 million in payouts over the next three years, New York's attorney general said Monday.