New York Mets owners settle in Madoff trustee case
The New York Mets owners and a trustee for Bernard Madoff’s fraud victims have settled for $162 million. The Mets owners will not pay anything for three years. Jury selection had been set to begin in a...
View ArticleMets’ future brightens with Madoff settlement
The New York Mets’ owners scored an early-season victory Monday, stabilizing the club’s financial future in a deal with a trustee for Bernard Madoff‘s fraud victims that requires them to pay millions...
View ArticleCourt: Bernard Madoff’s brother to plead guilty
The brother of Ponzi scheme king Bernard Madoff is scheduled to plead guilty in a criminal case resulting from the multibillion-dollar fraud, court papers say. Peter Madoff is the former chief...
View ArticlePeter Madoff’s plea deal explained
Peter Madoff, who is expected to plead guilty on Friday, is not admitting he knew the fraud was a Ponzi scheme.
View ArticleFBI takes Peter Madoff into custody in NYC
The younger brother of Bernard Madoff, who became an icon for financial crime after the economy collapsed in 2008, is poised to plead guilty to criminal charges and take his place in history alongside...
View ArticlePeter Madoff pleads guilty in NYC, blames brother
The younger brother of disgraced financier Bernard Madoff — the loyal No. 2 at an investment firm that fronted a multibillion-dollar Ponzi scheme — pleaded guilty Friday, agreeing to serve 10 years in...
View ArticleMadoff trustee wants victims to get more money
Victims of imprisoned Bernard Madoff‘s Ponzi scheme could be getting back more of their stolen money. Irving Picard, the trustee in charge of liquidating Madoff’s assets, is asking a New York court for...
View ArticleMadoff victims getting $2.5B from trustee
Securities Investor Protection Act Trustee Irving H. Picard on Thursday said checks for $2.479 billion, the second distribution of recovered funds, were mailed on Wednesday to 1,230 accounts.
View Article4 years in, Madoff trustee still pursuing assets
Irving Picard and a team of attorneys have secured nearly $9.3 billion of the $17.5 billion that thousands of investors put into Madoff's sham investment business.
View ArticleTrustee sends out $506M to Madoff scam victims
A court trustee is paying $506 million to victims of Bernard Madoff's Ponzi scheme in a attempt to repair some of the financial devastation caused by the fraud.
View ArticleMadoff trustee releasing $1.19B
$9.16 billion recovered and returned to victims so far.
View ArticlePeter Madoff’s plea deal explained
Peter Madoff, who is expected to plead guilty on Friday, is not admitting he knew the fraud was a Ponzi scheme.
View ArticleFBI takes Peter Madoff into custody in NYC
The younger brother of Bernard Madoff, who became an icon for financial crime after the economy collapsed in 2008, is poised to plead guilty to criminal charges and take his place in history alongside...
View ArticlePeter Madoff pleads guilty in NYC, blames brother
The younger brother of disgraced financier Bernard Madoff — the loyal No. 2 at an investment firm that fronted a multibillion-dollar Ponzi scheme — pleaded guilty Friday, agreeing to serve 10 years in...
View ArticleMadoff trustee wants victims to get more money
Victims of imprisoned Bernard Madoff‘s Ponzi scheme could be getting back more of their stolen money. Irving Picard, the trustee in charge of liquidating Madoff’s assets, is asking a New York court for...
View ArticleMadoff victims getting $2.5B from trustee
Securities Investor Protection Act Trustee Irving H. Picard on Thursday said checks for $2.479 billion, the second distribution of recovered funds, were mailed on Wednesday to 1,230 accounts.
View Article4 years in, Madoff trustee still pursuing assets
Irving Picard and a team of attorneys have secured nearly $9.3 billion of the $17.5 billion that thousands of investors put into Madoff's sham investment business.
View ArticleTrustee sends out $506M to Madoff scam victims
A court trustee is paying $506 million to victims of Bernard Madoff's Ponzi scheme in a attempt to repair some of the financial devastation caused by the fraud.
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