Victor Kubicek, and Derek Anderson co-directors, "In God We Trust", discuss their documentary on Bernie Madoff, which is set to debut at the Tribeca Film Festival.» Read More
Peter Madoff will serve 10 years in prison for his role in his older brother's multibillion-dollar Ponzi scheme, a U.S. judge said Thursday.
*Peter Madoff tells judge he is "deeply ashamed". NEW YORK, Dec 20- Peter Madoff will serve 10 years in prison for his role in his older brother's multibillion-dollar Ponzi scheme, a U.S. judge said on Thursday.
NEW YORK, Dec 20- Peter Madoff will serve 10 y ears in prison for his role in his older brother's multibillion-dollar Ponzi scheme, a U.S. judge said Thursday.
LONDON, Dec 20- Private clients who have stood by UBS through repeated scandals will have their faith tested by the Swiss bank's admission of rate rigging, investors say.
Peter Madoff, 67, pleaded guilty in June to criminal charges including conspiracy to commit securities fraud and for falsifying books and records of the investment advisory company founded by his brother.
NEW YORK, Dec 6- Two former clients of Bernard Madoff urged an appeals court to revive their claims against the estate of a Florida businessman who had been one of the money manager's biggest clients, in a battle with a trustee over recoveries from the Ponzi scheme.
Convicted of conspiracy, fraud and money laundering, prosecutors asked that Marc Dreier serve 145 years in prison, but he was ultimately sentenced to just 20 years.
PARIS, Oct 25- France's prosecutor has asked an investigating judge to question jailed swindler Bernard Madoff and Swiss bank UBS as part of a probe of investor losses from Madoff's multibillion-dollar Ponzi scheme, a judicial source told Reuters.
While many people believe convicted white collar criminals are condemned to nothing worse than being locked up in a “country club,” the fact is that there really is no such thing, CNBC's Scott Cohn reports.
NEW YORK-- When Elie Wiesel emerged from quintuple heart bypass surgery, still wired to monitors, he immediately started writing a book about the ordeal _ "in my head."
Ex-Inspector General David Kotz was friends with people close to his investigations related to two high-profile Ponzi schemes, and he had a flirtatious relationship with an SEC employee who was involved in another project involving Kotz's office, according to the report.
NEW YORK, Oct 2- Five former employees of Bernard Madoff, charged with helping the conman run a multibillion-dollar Ponzi scheme over several decades, will have their chance to fight the allegations at trial in a year's time.
NEW YORK-- New York prosecutors say the multibillion-dollar fraud carried out by Wall Street swindler Bernard Madoff began as far back as the early 1970 s. The revelation comes in a rewritten indictment boosting charges against four long-time employees of the investment firm Madoff ran from his Manhattan offices.
Follow these rules and you'll greatly reduce the chance that you financial adviser turns out to be a disaster, or, worse, a crook.
CNBC's David Faber compares returns for Bernie Madoff investors, and those investing in bank stocks over the past four years.
A man called one of my partners and said he wanted to open a $50 million account. "More to follow if you do a good job."
Everywhere we look we see failures of leadership and ethics—some egregious. The consequences of these failures of leadership and ethics have been dire, and the effects are bound to be long-lasting. One thing is clear: we must do better. We need a better brand of leadership, these authors write.
The Colorado Springs fire is 25 percent contained, and Peter Madoff pleaded guilty to crimes that allowed his brother Bernie to run his ponzi scheme, reports CNBC's Brian Shactman. The Weather Channel's Chris Warren also reports on historic heat across the United States.
CNBC's Mary Thompson reports the latest details on the arrest and guilty plea from Peter Madoff, the brother of Ponzi schemer, Bernie Madoff.
CNBC's Mary Thompson reports the latest details on the Madoff Ponzi scheme.