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Bernard Madoff

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  • 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

    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

    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

    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

    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

    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

    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

    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

    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.

  • Fined billions, JPMorgan gives Dimon sizable raise Friday, 24 Jan 2014 | 6:53 AM ET
    JPMorgan Chase CEO Jamie Dimon

    JPMorgan Chase’s board voted to give Jamie Dimon a new pay package worth about $20 million after his pay was cut in half last year, to $11.5 million.

  • Madoff back in prison after heart attack  Wednesday, 22 Jan 2014 | 3:11 PM ET

    CNBC's Scott Cohn reports Bernie Madoff had a mild heart attack last month and is now back at his medium security prison in Butner, North Carolina.

  • And the bank winners this earnings season are... Tuesday, 21 Jan 2014 | 1:39 PM ET

    The winners from the fourth quarter are underdogs, companies that have for years been cleaning up messes. Find out who they are.

  • Bet on big banks: 5-star fund manager Bill Nygren Tuesday, 14 Jan 2014 | 4:23 PM ET

    Cheap valuations and solid management make the financials sector Bill Nygren's top pick.

  • Madoff penalties hit JPMorgan Chase profit Tuesday, 14 Jan 2014 | 7:28 AM ET
    The headquarters of JP Morgan Chase on Park Avenue December 12, 2013 in New York.

    JPMorgan reported a drop in profit after paying penalties to the government for not reporting suspicions of fraud by Bernie Madoff.