Bernard Madoff Trustee Settlement To Recover $326 million From IRS

Victims of fraudster Bernard Madoff may soon be in line for some compensation. Irving Picard (above), the trustee seeking money for Madoff's former customers, has reached an agreement with the U.S. Internal Revenue Service (IRS) to recover $326 ... continue

Bernie Madoff’s Son’s Widow Would ‘Spit in His Face’

As Bernie Madoff brags of a safe and almost pleasant prison experience, people outside continue to suffer from his lengthy con- including the widow of Madoff's son, Mark. After the scandal, Mark Madoff was unable to make peace ... continue

Former Bernard Madoff Aide Has House Arrest Lifted

Ex-Bernard Madoff aide Annette Bongiorno has been granted a reprieve from house arrest, on the condition she continues to wear an electronic bracelet. Bongiorno, who is accused of helping Madoff cover up his $50 billion Ponzi scheme, ... continue

Mark Madoff, son of ponzi schemer Bernie, dead in suicide

Th 46-year-old elder son of fraudster Bernie Madoff was found dead earlier this morning, hanging from a pipe in his Mercer Street apartment in Manhattan. Mark Madoff, alone in the SoHo home with his two-year-old son, had hanged ... continue

Ruth Madoff now homeless

Ruth Madoff was escorted from her posh Manhattan penthouse today by federal marshals, the New York Daily News is reporting. Mrs. Madoff, who has reverted to her maiden name Alpern in an unsuccessful bid to find an apartment, ... continue

Fairfield Greenwich Group vows to go after Bernard Madoff

The Fairfield Greenwich Group, one of the largest investors in Bernard L. Madoff Investment Securities has vowed to pursue Bernard Madoff. Former NASDAQ chairman Bernard Madoff was arrested earlier this week on federal securities laws violations ... continue

Wall Street trader Bernard Madoff arrested over Ponzi Scheme

Well known Wall Street trader and former chairman on the NASDAQ exchange Bernard Madoff has been arrested and charged with allegedly running a multi-billion dollar Ponzi scheme. US Federal prosecutors accuse Madoff of telling senior employees of his ... continue