The disgraced financier was turned over to federal authorities by his sons, who were also employed with Bernard L. Madoff Investment Securities LLC (BLMIS). Madoff pled guilty in 2009 to 11 ...

Thousands of victims of Bernard Madoff’s notorious Ponzi scheme are set to receive final restitution payments, raising the percentage of total losses recovered to nearly 94%, the Justice ...

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Key SEC official in Madoff inquiry resigns A senior U.S. Securities and Exchange Commission official who oversaw key investigations of Bernard L. Madoff's activities is resigning, the agency said.

Press release from the offices of Irving H. Picard, SIPA Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS), and Josephine Wang, President and Chief Executive ...

Madoff, through his hedge fund operation, Bernard L. Madoff Investment Securities LLC, was revealed in December 2008 to be the operator of a massive Ponzi scheme. Convicted in 2009 of defrauding ...

An additional US$14.72bil has been recouped for customers of the former Bernard L. Madoff Investment Securities LLC by Irving Picard, the trustee liquidating that firm following its 2008 bankruptcy.

He spent seven years speaking with some of the biggest white-collar criminals in history including Bernie Madoff. He provided Business Insider with a rare audio recording from one of his ...

Madoff founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960, and was its chairman until his arrest on December 11, 2008. The firm was one of the top market maker ...

The Madoff Affair unravels the story behind the world's first truly global Ponzi scheme. Who saw the warning signs? Why were they ignored for so long? Billions of dollars were channeled to Madoff ...