In his first on the record interview since his arrest two years ago, Bernard Madoff told the New York Times this week that certain banks and Hedge funds were "complicit" in the largest financial fraud in Wall Street history.
Bernard Madoff, the mastermind behind one of history's most notorious Ponzi schemes, told the New York Times that banks and hedge funds were complicit in his grandiose plan, and accused them of having turned a blind eye to his activities.
Victims of Bernard Madoff’s Ponzi scheme are set to recover part of their losses after the widow of Madoff’s biggest beneficiary agreed to turn over a staggering $7.2 billion in bogus profits.
In Buenos Aires, three people are killed in violent clashes between locals and squatters. The pressure is on to end Haiti's political deadlock, with discussion about a second run-off to include all three candidates. And Mark Madoff, the son of the world's most notorious financier, Bernie Madoff, takes his life.
Bernard Madoff's eldest son Mark (pictured) was found hanged in his apartment on the two-year anniversary of his father’s arrest, New York police said Saturday. The 46-year-old had worked for his father’s financial firm up until its closure.
A trustee responsible for recovering assets lost in con man Bernard Madoff's (pictured) massive Ponzi scheme sued an Austrian banker and her alleged conspirators Friday for nearly 20 billion dollars.
The Swiss bank UBS has been accused of helping the infamous fraudster Bernard Madoff cheat investors and is being sued, among others, for more than two billion dollars in a New York court.
Thousands of articles seized from the homes of jailed financier Bernard Madoff go on auction in New York on Saturday. Proceeds from the 489 lots will go to compensate victims of Madoff’s infamous financial schemes.
A UN report on the Congo wars raises the voices of the dead and kicks up considerable controversy. We bring you the personal story of a Hutu Rwandan refugee who escaped the violence in Congo. And finally, Africa's Bernie Madoff: we look at Togo's pursuit of its financial fraudsters.
A French judge probing Wall Street financial conman Bernard Madoff's dealings in France will be questioning Patrice de Maistre, the wealth manager of scandal-hit L'Oreal billionaire Liliane Bettencourt.
