Displaying all articles tagged:

Ponzi Scheme

  1. crimes and misdemeanors
    Madoff’s Brother to Plead Guilty for Role in Ponzi SchemeProsecutors said he’s agreed to a ten-year prison sentence.
  2. settlements
    J. Ezra Merkin Agrees to $410 Million Madoff SettlementThe ex–money manager’s funds funneled at least $2 billion to Madoff.
  3. made-off
    Bernie Madoff’s Secretary Didn’t Want to Spend Kwanzaa in JailAnnette Bongiorno’s bail was denied.
  4. made-off
    Ruth Madoff Blames Her Husband; Son’s Suicide Won’t Stop the LawsuitsFamily friends say Ruth Madoff is “totally disgusted with [Bernie] and blames him for her son’s death.”