


The trading scheme uncovered at prominent hedge fund firm Galleon Group last month was widened Thursday to include a number of smaller, less known firms. But it also appears to touch a prominent firm.
Newly released documents in the Bernard Madoff case paint a detailed picture of a feckless Securities and Exchange Commission, and an epic scam artist who was constantly amazed he did not get caught.
Jailed swindler Bernie Madoff said it was "amazing" that he didn't get caught sooner in his multi-billion-dollar Ponzi scheme, and that everything the SEC did to investigate him prior to 2006 was a waste of time, according to a jailhouse interview he gave to SEC Inspector General H. David Kotz.
Epic fraudster Bernard Madoff's former outside accountant will plead guilty to criminal charges for his role in the multibillion-dollar Madoff fraud, U.S. prosecutors said Friday.
The trustee overseeing the Madoff bankruptcy says the Securities Investor Protection Corporation has paid a record $534 million to Madoff investors, but that amount pales in comparison to the $21.2 billion he now says was stolen in the giant Ponzi scheme.
