Topic: Bernard Madoff

The Securities and Exchange Commission has been getting tougher on insider trading on Wall Street, but its potential target may be too wide, The New York Times reports.

Owners of the New York Mets baseball team have agreed to pay $162 million to settle a lawsuit by the trustee seeking money for victims of Bernard Madoff's fraud.

A judge has ruled that owners of the New York Mets professional baseball team owe up to $83 million to the trustee recovering money for Bernard Madoff investors.

Financier J. Ezra Merkin, accused of secretly steering $2.4 billion in client funds to Ponzi schemer Bernard Madoff, is close to settling a lawsuit brought by the New York attorney general for about $400 million, according to a person close to the matter.

A $95 million payment to Societe Generale shortly before Allen Stanford's firm collapsed is about to take center stage at the Texas financier's criminal trial, CNBC has learned.

Investors in "feeder funds" who lost money with Bernard Madoff do not qualify as customers of the now-imprisoned swindler, a federal judge ruled.

Imprisoned swindler Bernard Madoff's former firm's controller is expected to plead guilty to criminal charges under a cooperation agreement with the government, federal prosecutors said on Thursday.

The trustee liquidating convicted fraudster Bernard Madoff's companies is suing Credit Suisse for $375 million, money which he said was transferred to the bank but belongs to the estate of Madoff's collapsed businesses.

For those he ensnared, the Madoff story drags on. It began three years ago today, when F.B.I. agents arrested a man who, to the world, was a wizard of Wall Street, but he soon confessed to a Ponzi scheme, the New York Times reports.

Add health care fraud to ponzi schemes and insider trading at the top of the list of wrongdoing in the financial world.