Crime Bernard Madoff

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  • Madoff son’s death adds complication for victims Wednesday, 3 Sep 2014 | 5:05 PM ET
    Andrew Madoff as he appeared on NBC News' "Today" show, October 2011.

    For victims of Bernie Madoff's epic Ponzi scheme, Andrew Madoff's death could add new wrinkles to efforts to recover billions in losses.

  • What Andrew Madoff's death means for victims Wednesday, 3 Sep 2014 | 5:00 PM ET
    What Andrew Madoff's death means for victims

    CNBC special correspondent Scott Cohn reports on the death of Bernie Madoff's only surviving son, Andrew, and what it means for the ongoing legal battle over his father's Ponzi scheme.

  • Bernard Madoff's son Andrew dies of cancer, age 48 Wednesday, 3 Sep 2014 | 12:49 PM ET
    Andrew Madoff

    Bernard Madoff's younger son Andrew died on Wednesday morning at age 48 of mantle cell lymphoma.

  • Bernie Madoff's son dead at 48 Wednesday, 3 Sep 2014 | 10:51 AM ET
    Andrew Madoff as he appeared on NBC News' "Today" show, October 2011.

    Bernard Madoff's son Andrew has died at age 48 of lymphoma. CNBC's David Faber reports.

  • Madoff trustee can't void client settlements: Court Friday, 8 Aug 2014 | 2:18 PM ET
    Irving Picard, Securities Investor Protection Act Trustee, speaks regarding the Bernard Madoff Ponzi scheme, December 17, 2010 in New York City.

    In a setback for the trustee seeking money for the former customers of Bernard Madoff, an appeals court refused to void two settlements.

  • Court deals blow to Stanford Ponzi scheme victims Friday, 18 Jul 2014 | 12:09 PM ET
    Indicted financier R. Allen Stanford exits the Bob Casey Federal Courthouse in Houston, Texas.

    A U.S. court ruled that victims of Allen Stanford's Ponzi scheme are not eligible under federal law to file claims seeking compensation.

  • Andrew Madoff responds to new allegations Tuesday, 15 Jul 2014 | 3:11 PM ET
    Andrew Madoff responds to new allegations

    Bernard Madoff's son, Andrew Madoff, responds to new allegations from trustee Irving Picard that he knew of his father's fraud. CNBC's Scott Cohn reports the details.

  • Lawsuit alleges Madoff sons knew of fraud Tuesday, 15 Jul 2014 | 2:26 PM ET
    Bernard Madoff in 2009

    New allegations say that Bernie Madoff's sons knew much more about their father's Ponzi scheme than they originally claimed.

  • New Madoff allegations Tuesday, 15 Jul 2014 | 2:20 PM ET
    New Madoff allegations

    CNBC's Scott Cohn reports on new allegations regarding what Bernard Madoff's two sons knew.

  • Supreme Court denies four cases Monday, 30 Jun 2014 | 12:05 PM ET
    Irving Picard, Securities Investor Protection Act Trustee, speaks regarding the Bernard Madoff Ponzi scheme, December 17, 2010 in New York City.

    The Supreme Court ruled Madoff trustee Irving Picard can not sue big banks, and it rejected an appeal of AIG's bailout by former CEO Hank Greenberg.

  • Obama administration backs banks in Madoff dispute Tuesday, 27 May 2014 | 10:58 AM ET
    Obama administration backs banks in Madoff dispute

    The Obama administration is supporting big banks saying that the Supreme Court should not hear a case that would allow Madoff trustee, Irving Picard to seek billions in damages, reports CNBC's Scott Cohn.

  • Nearly $6B returned to Madoff's victims so far Monday, 5 May 2014 | 12:16 PM ET
    Bernard Madoff, founder of Bernard L. Madoff Investment Securities LLC, leaves federal court in New York, U.S., on Tuesday, March 10, 2009.

    Irving Picard, the trustee liquidating Bernard Madoff's firm, said that the fourth payout will go to Madoff's victims of the Ponzi scheme.

  • Ex-Madoff aides ask judge to toss convictions Wednesday, 16 Apr 2014 | 1:59 PM ET
    Daniel Bonventre, age 67, who served as Director of Operations for Madoff Investment Securities, leaves federal court after being found guilty of charges of aiding, assisting and profiting from the Ponzi scheme run by Bernard Madoff on March 24, 2014 in New York City.

    Five former Bernard Madoff aides have asked a US judge to throw out their convictions, after a jury found them guilty of fraud and conspiracy.

  • Private equity, hedge funds come under SEC scrutiny Monday, 7 Apr 2014 | 7:16 AM ET
    SEC Security and Exchange Commission

    The SEC has put together a group to examine private equity and hedge funds, after the 2010 Dodd-Frank law required the funds to be regulated.

  • Five former Madoff lieutenants convicted Monday, 24 Mar 2014 | 3:09 PM ET
    Five former Madoff lieutenants convicted

    CNBC's Scott Cohn reports 5 former Madoff employees have been convicted of conspiring to falsify records and defraud clients.

  • Five former Madoff employees found guilty: Reuters Monday, 24 Mar 2014 | 2:54 PM ET
    Verdict to be announced in trial of former Madoff employees

    CNBC's Scott Cohn reports 5 former Madoff employees have been found guilty of criminal conspiracy.

  • Madoff Property Auction Monday, 24 Mar 2014 | 2:44 PM ET
    From an elegant diamond ring to a 1960 Hofstra class ring. A rare Rolex "Monoblocco" watch to a personalized New York Mets jacket. Luxurious furs to fishing rods. Bernard and Ruth Madoff's personal possessions, seized by the Feds earlier this year, will be auctioned this weekend.Proceeds from the sale will be set aside for victims of Madoff's Ponzi scheme, which unraveled nearly one year ago. Some 200 items up for bid include more than 40 watches, along with numerous bracelets, earrings, cufflin

    Luxurious furs to fishing rods. Bernard and Ruth Madoff's personal possessions, seized by the Feds and auctioned off to benefit victims in 2009.

  • Madoff's biggest problem in prison? Boredom Thursday, 20 Mar 2014 | 6:24 AM ET
    Madoff's biggest problem in prison? Boredom

    In a wide-ranging interview, convicted fraudster Bernie Madoff talks with MJ Lee, Politico finance reporter, about what life is like in prison. He seems to be doing fine, says Lee.

  • Jamie Dimon—the most influential on Wall Street? Thursday, 20 Feb 2014 | 12:59 PM ET
    Jamie Dimon, chief executive officer of JPMorgan Chase & Co.

    Are big bank leaders like Jamie Dimon the most influential on Wall Street—or activist investors like Carl Icahn?

  • Stanford Scandal: 5 years later Friday, 14 Feb 2014 | 10:38 AM ET
    Stanford Scandal: 5 years later

    Convicted of defrauding investors, Allen Stanford is serving 110 years in a high-security prison about 40 miles from Orlando, Fla. CNBC's Scott Cohn reports.