Bernard Madoff
JP Morgan faces $2.6 billion Madoff scandal payout
JP Morgan Chase has agreed to pay almost $2.6 billion to settle a series of criminal and civil claims over the Bernard Madoff scandal. The bank is accused of failing to act on…
Madoff says banks 'had to know' about Ponzi scheme
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…
Madoff settlement promises to return part of victims' losses
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…
Argentina: squatters targeted in violent clashes
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…
Madoff's son found hanged in New York apartment
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…
Trustee sues Madoff banker for nearly 20 billion dollars
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…
Madoff victims try to recover money from Swiss bank
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…
From monogrammed slippers to artworks, Madoff’s possessions go up for auction
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 investigator to question adviser to L'Oreal heiress
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…
When Sarkozy is compared to Madoff…
In today’s French press review, we focus on the latest tensions between the Socialists and the Government.
Reports of assault on Wall Street conman Madoff denied
Wall Street conman Bernard Madoff was moved last week from the cell where he is serving a 150-year jail sentence to a hospital to be treated for hypertension, a US prison…
Madoff's ill-gotten assets go under the hammer
Wall Street swindler Bernard Madoff's personal goods, from watches to jewellery to kitsch memorabilia are going on sale at a New York auction. The proceeds will go to a…