NEW YORK, April 26- JPMorgan Chase& Co is not liable to a group of former customers of Bernard Madoff who blamed the bank for being actively involved in his Ponzi scheme and ignoring red flags of fraud, a federal appeals court ruled on Wednesday. The 2nd U.S. Circuit Court of Appeals in Manhattan said the customers failed to show that JPMorgan had enough "control" over...
"The Wizard of Lies" stars Robert De Niro as Madoff and Michelle Pfeiffer as his wife, Ruth Madoff.
WASHINGTON, April 4- Kara Novaco Brockmeyer, the attorney at the U.S. Securities and Exchange Commission who oversees the unit that polices foreign bribery laws, plans to depart the SEC later this month, the regulator announced Tuesday. Brockmeyer, a 17- year veteran of the SEC, has led the Foreign Corrupt Practices Act unit since 2011.. Trump's pick to lead the SEC,...
Charles Murphy jumped from the 24th floor of the Sofitel Hotel in what authorities are calling a suicide.
Charles Murphy's Fairfield Greenwich fund had invested $7 billion with Madoff before it became known that Madoff was running a Ponzi scheme.
"In politics, your word is critical," Democratic former congresswoman Elizabeth Holtzman says.
Feb 2- Bernard Madoff's victims will soon recoup another $252 million from the trustee unwinding the swindler's firm, boosting their total recovery to $9.72 billion. This included money from a settlement with the family of Stanley Chais, who prior to his 2010 death managed money for Hollywood clients like director Steven Spielberg, and was accused by Picard of...
NEW YORK, Jan 25- A federal judge has blocked litigation that the trustee liquidating Bernard Madoff's firm said could undermine a $7.2 billion settlement meant to benefit the Ponzi schemer's former customers. District Judge Gregory Woods in Manhattan said A&G Goldman Partnership and Pamela Goldman cannot pursue a Florida lawsuit to recover $11 billion...
NEW YORK, Nov 30- Preet Bharara, the top federal prosecutor in Manhattan known for pursuing a series of cases targeting public corruption and crime on Wall Street, said on Wednesday he has agreed to remain in his post after Donald Trump becomes U.S. president. Bharara, appointed to his position by Democratic President Barack Obama in 2009, told reporters...
Bharara is known for his prosecutions of hedge-fund managers and insider trading.
Research shows that the amygdala responds less as we cheat more, which could make us lie more, the Verge reports.
The Dallas Mavericks owner said that the New York businessman's reputation has been damaged.
Jim Cramer knows stocks have become a disgraced asset class. He offers alternatives for investor wary of the stock market.
The owners of the New York Mets have reached a revised agreement with the trustee seeking to recoup money for the victims of Bernard Madoff's fraud.
The trustee recouping money for Bernard Madoff's victims sought court approval to free up another $247 million to help cover their losses.
Over the years, blindsided investors have lost big money from company's committing nefarious acts. The lesson: Do your research.
More victims of the Bernard Madoff Ponzi scheme could be made whole under a motion filed Tuesday in U.S. Bankruptcy Court in New York.
JPMorgan won the dismissal of a lawsuit filed by a former vice president who claimed the bank ignored red flags about a client's potential fraud.
Still, the Supreme Court decision could free up an additional $1.25 billion to be returned to victims of the epic Bernard Madoff Ponzi scheme.
The United Nations' $52 billion pension fund is getting close to investing in hedge funds for the first time.