Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Former financier Bernard Madoff (C) leaves federal court following a hearing in New York, N.Y., in 2009. On Monday, the Justice Department reported that the fund designed to aid victims of the ...

The late Bernie Madoff, who perpetrated a multi-billion-dollar Ponzi scheme against investors, including the Town of Fairfield's retirement funds. Photo ...

On 11th December 2008, financier Bernie Madoff was arrested for the biggest Ponzi scheme in history, writes Eliot Wilson The 1990s had been an economic boom time for much of the West, with America ...

He pleaded guilty to running the largest Ponzi scheme in history, so if you’re keen to watch Netflix’s new true crime series The Monster of Wallstreet, you might be wondering where is Bernie Madoff ...

The Justice Department has doled out more than $370 million to victims of infamous Ponzi schemer Bernie Madoff — bringing the total compensation paid out to former clients to more than $4 billion.

NEW YORK, June 29 -- Bernard L. Madoff, the mastermind behind one of the biggest and longest-running financial frauds in history, on Monday was ordered to serve 150 years in prison, the maximum ...

The following is Bernard Madoff's prepared plea allocution statement, delivered today in U.S. District Court in New York: Your Honor, for many years up until my arrest on December 11, 2008, I operated ...

Started his firm with $5,000 he saved from working as a lifeguard. Madoff served as NASDAQ’s chairman in 1990, 1991 and 1993. Had many high-profile victims, including director Steven Spielberg, actors ...