Jan 6th, 2009 · Prosecutors in New York are asking a judge to put Bernard Madoff behind bars without bail. They told the judge Monday that the disgraced financier had violated bail conditions by mailing about a million dollars worth of jewelry and other assets to relatives. At about the same time in Washington, a House hearing got underway on how the alleged $50 billion Ponzi scheme Madoff is accused of running eluded regulators.
Jan 5th, 2009 · Clients of Bernard Madoff may have lost their money, but they did come away with souvenirs. Clients and former employees are selling items with the company's name. Madoff is accused of the biggest Ponzi scheme in history. Former clients are using the auction site eBay to sell things like T-shirts, beach towels, umbrellas, coolers, binoculars, flashlights and tote bags. The postings tell buyers they can "own a piece of history!"
Jan 5th, 2009 · The House Financial Services Committee holds a hearing Monday into the scandal involving disgraced investor Bernard Madoff. Madoff is accused of running a $50 billion Ponzi scheme. Chairman Paul Kanjorski, a Democrat from Pa., tells Steve Inskeep the hearing will investigate why the Securities and Exchange Commission failed to detect the scandal.
Jan 2nd, 2009 · Bernard Madoff was robbed. The Wall Street investor is accused of making billions of dollars disappear in an alleged Ponzi scheme. And now we know that somebody made off with a statue from his Florida estate. It was a copper statue, worth $10,000 dollars. After they took it, the mysterious robbers brought it back. And they attached a note: "Lesson: Return stolen property to rightful owners."
Dec 26th, 2008 · Reformed con man Mark Borovitz recently found out he'd been conned. Now a rabbi, Borovitz runs a synagogue and treatment center in Culver City, Calif. The endowment for his organization lost as much as $300,000 in the alleged Ponzi scheme run by Bernard Madoff. Rabbi Borovitz talks with Renee Montagne about how much that loss will hurt his group.
Dec 23rd, 2008 · A probe into Bernard Madoff's Ponzi scheme is revealing a Web of lieutenants who aided him in defrauding investors of over $50 billion. Wall Street Journal reporter Amir Efrati discusses the latest from the Madoff case.
Dec 23rd, 2008 · Investors who have endured a year of negative returns — and lost their faith in the markets, thanks to an alleged $50 billion Ponzi scheme —can be forgiven for wanting to stuff their mattresses with cash. Still, Knight Kiplinger, editor in chief of Kiplinger's Personal Finance, says there are better investment solutions.
Dec 22nd, 2008 · The name Madoff has been sullied thanks to money manager Bernard Madoff who has been accused of creating a Ponzi scheme. Bernard Madoff is not the only Madoff in the country. Ari Madoff, a securities lawyer in Chicago, is trying to drum up business in the wake of the scandal.