GO
Loading...

Lawsuits

More

  • Alleged Swindler Nadel Anticipated 'Mini-Madoff' Label Thursday, 12 Feb 2009 | 8:03 PM ET
    Arthur Nadel

    Federal prosecutors say disgraced Florida hedge fund manager Arthur Nadel wrote letters home while he was fleeing from authorities last month, including one telling his family he "really anticipated" being labeled a "Mini-Madoff." 

  • Alleged 'Mini-Madoff' Cosmo Due in Court on Friday Thursday, 12 Feb 2009 | 5:26 PM ET
    Nicholas Cosmo

    Nicholas Cosmo, the Long Island man accused of running a $380 million Ponzi scheme will appear in Federal Court in Central Islip, New York on Friday.

  • Whistleblower Identifies 'Mini-Madoff' for SEC Thursday, 5 Feb 2009 | 6:29 PM ET

    Whistleblower Harry Markopolos, whose warnings about the Madoff scandal fell on deaf ears at the Securities and Exchange Commission for years, has provided the SEC's Inspector General with new information about an alleged "mini-Madoff" fraud that is still underway, CNBC has learned.

  • Full Lists of Madoff Clients, Brokers, Employees Thursday, 5 Feb 2009 | 1:45 PM ET

    The names of several thousand clients who lost money investing with Bernard Madoff have been released in a court filing that reads like a Who's Who: former Los Angeles Dodgers pitcher Sandy Koufax, actor Kevin Bacon and even Madoff's defense lawyer.

  • Madoff Clients: Relatives, Celebrities and Charities Thursday, 5 Feb 2009 | 3:24 AM ET
    Bernie Madoff

    Hall of Fame pitcher Sandy Koufax. Actor Kevin Bacon. World Trade Center developer Larry Silverstein.  All three have at least one thing in common: Their names appear on a list of several thousand clients who lost money investing with Bernard Madoff. The list has been made public in a court filing in U.S. Bankruptcy Court in Manhattan.

  • Alleged Swindler Nadel Agrees to Freezing of Assets Wednesday, 4 Feb 2009 | 5:35 PM ET
    Arthur Nadel

    Hedge fund manager Arthur Nadel, arrested last week on fraud charges, has agreed to have his assets frozen.

  • PCCW Buyout Vote Under Swirl of Suspicion Wednesday, 4 Feb 2009 | 12:44 AM ET

    PCCW is holding an extraordinary general meeting Wednesday in relation to a proposed $2.1 billion privatization bid. But the deal is under scrutiny amid claims that unknown parties may have tried to illegally influence the outcome of today's vote

  • Mini-Madoff Denied Bail for Now Thursday, 29 Jan 2009 | 9:05 PM ET

    Nicholas Cosmo, the Long Island man accused of running a $370 million dollar Ponzi scheme, remains jailed following a bail hearing today.

  • Madoff's Apartment Gets Changing of the Guard Thursday, 29 Jan 2009 | 2:42 PM ET
    Bernie Madoff

    As Bernard Madoff awaits his fate inside his Manhattan penthouse, he is getting a new crew to keep him safe.

  • Accused Swindler Cosmo Owed Thousands to Mob Tuesday, 27 Jan 2009 | 4:12 PM ET
    Nicholas Cosmo

    Accused Ponzi-schemer Nicholas Cosmo onced owed tens of thousands of dollars in gambling debt to the Genovese crime family, the latest twist in a scheme federal authorities believed bilked small investors out of $370 million, according to people with knowledge of the matter.

  • Long Island Investment Firm Boss Surrenders Tuesday, 27 Jan 2009 | 8:29 AM ET
    Nicholas Cosmo

    The owner of a Long Island investment firm accused of cheating people out of more than $100 million is expected to appear in court Tuesday.

  • Madoff Layoff Includes Legitimate Employees: Report Friday, 23 Jan 2009 | 1:25 PM ET
    Bernie Madoff

    Several dozen employees, who work in the legitimate branch of Bernard Madoff's firm, are being laid off, according to The Wall Street Journal.

  • An End To The Telenovela Wars? Friday, 23 Jan 2009 | 12:13 PM ET

    It's been, a long, pricey road: years of conflict, a four year legal battle culminating in several weeks of court testimony.

  • Skilling Appeals 2006 Conviction to Circuit Court Tuesday, 20 Jan 2009 | 12:19 PM ET
    Former Enron CEO Jeff Skilling (AP Photo/David J. Phillip)

    Former Enron CEO Jeffrey Skilling, whose 2006 convictions were upheld by a three-judge appelate panel earlier this month, is appealing that decision to the full Fifth Circuit Court of Appeals.

  • Investor on the Run Found Alive but with Slit Wrist Wednesday, 14 Jan 2009 | 10:33 AM ET
    Marcus Schrenker

    A missing pilot's three-day run from authorities -- and personal and financial ruin -- ended when authorities found him inside an isolated campground tent.

  • Investor Believed to Have Faked Death Sought by Police Tuesday, 13 Jan 2009 | 11:48 AM ET
    Marcus Schrenker

    Federal marshals on Tuesday pressed their search for an investment manager they believe faked a distress call before parachuting from his plane over Alabama and disappeared on a red motorcycle he had stashed in advance.

  • Russian Oligarchs Also Duped by Madoff: Report Wednesday, 7 Jan 2009 | 4:58 AM ET
    Bernie Madoff

    The woman who pulled in European money for Bernie Madoff has disappeared from view, the New York Times reports.

  • Madoff Trustee Gets $28 Million for Liquidation Costs Tuesday, 30 Dec 2008 | 11:47 AM ET
    Bernie Madoff

    U.S. Bankruptcy Judge Burton Lifland on Tuesday approved the transfer of $28.1 million to cover expenses tied to the liquidation of Bernard Madoff's investment firm.

  • Appeals Court Rejects DC Missing Pants Case Thursday, 18 Dec 2008 | 12:27 PM ET

    An appeals court says there will be no new trial for a former District of Columbia judge who tried to sue his dry cleaners for $54 million over a lost pair of pants.

  • Web Extra: How to Sue Your Creditors Wednesday, 10 Dec 2008 | 9:56 PM ET

    Sometimes, it's the only option you've got left if you're being taken advantage of. But you better be prepared for a long, hard slog.