Bernie Madoff | The Inquisitr

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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 Trader To Plead Guilty For Ponzi Scheme Role

David L. Kugel, a former trader for Bernard L. Madoff Investment Securities will plead guilty in Federal District Court in Manhattan on Monday for his part in conspiring to defraud customers starting in the early 1970s. The guilty plead ... continue

Madoff Victims File $19 Billion Lawsuit Versus JPMorgan Chase

Former customers of Ponzi scheme kingpin Bernie Maddoff has filed a class action lawsuit against JPMorgan Chase & Co. hoping to recover $19 billion. The Maddoff victims claimed that the bank concealed and willfully ignored signs of ... continue

JPMorgan Chase & Co. Sued By Madoff Investors

Victims of Bernie Madoff have filed a $19 billion class action lawsuit against JPMorgan & Chase claiming that the bank ignored various signs of fraud. Filed in federal court in Manhattan the lawsuit asserts that even a basic ... continue

Bernie and Ruth Madoff Attempted Suicide Together (Woke Up Alive the Following Day)

Ruth Madoff, the wife of Ponzi schemer Bernie Madoff, revealed to CBS News that she and her husband were so deeply upset by the multi-million fraud that they planned to commit suicide on Christmas Eve in 2008. Ruth said ... 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

Madoff Trustee Files $5.2 Million Lawsuit Against Jewish Association

The Jewish Association for Services for the Aged in New York City is being sued by the liquidator for Bernard L. Madoff's trust, claiming that the company accepted $5.2 million in fictitious profit that they received from ... continue

Madoff Dumped by Wife Ruth, Not Divorced Though

Convicted Ponzi schemer Bernie Madoff has lost yet another thing during his lengthy incarceration for the complicated, long con he ran on investors that cost many their life savings. Wife Ruth has not been to visit her jailed ... continue

Bernie Madoff Pants Now Available As Expensive iPad Covers

Jailed investment ponzi schemer Bernie Madoff likely won't see freedom before his death, but that doesn't mean you can't get a piece of him, that is if you don't mind that piece being his pants, which have ... continue

‘Untitled’ by Anonymous Book Compels Literary Guessing Game, Creates Buzz

We know it's called Untitled and it's written by Anonymous (not that Anonymous), but all else is a mystery about a new book that's creating a frick-ton of buzz in the literary world. A brief description of the late fall ... continue

Kevin Bacon, Ponzi Scheme Victim, Talks Moving Forward

As we reported back in 2008, actor Kevin Bacon and his actress-wife Kyra Sedgwick were the victims of Bernie Madoff's massive $50 billion Ponzi scheme that, according to rumor, left them with "very little". According to a ... continue

The Wilpon’s are hardly victims of the Madoff scheme

The more I read about the Wilpon family (owners of he New York Mets) and Bernie Madoff (one time Wall Street Hustler) the more I think of an onion. The more we peel this back the more ... 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

Bernie Madoff suspected victim of prison assault

Disgraced financier and ponzi swindler Bernie Madoff has been hospitalized at Duke University for serious injuries consistent with an assault, ABC is reporting. Madoff, 71, was treated for facial fractures, broken ribs and a collapsed lung on Tuesday. ... 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

Bernie Madoff’s 1969 Rybovich Yacht seized by US Marshals

US Marshals seized ponzi master Bernard Madoff's 1969 Rybovich Yacht and a smaller boat in Florida Wednesday as part of an ongoing effort to pay back some of the money lost by former Madoff investors. The 55-foot ... continue

Stanford Financial Group raided over alleged $8 billion fraud

The US Securities and Exchange Commission this morning raided Texas based Stanford Financial Group over an alleged $8 billion fraud. The SEC accuses founder and CEO of Stanford Financial Robert Allen Stanford, CFO James M. Davis, and Chief ... continue

Madoff Client List: See All the Investors-Turned-Victims

A 163-page list of investors with Bernie Madoff is now part of the public domain. The Madoff client list became public record when it was filed in U.S. Bankruptcy Court in Manhattan this week. Madoff Investors: The Full ... continue