Bernard Madoff

Bernard "Bernie" Lawrence Madoff is an American former stockbroker, investment advisor, financier, and admitted fraudster. He is the former non-executive chairman of the NASDAQ stock market, and the confessed operator of the largest Ponzi scheme in world history, and the largest financial fraud in U.S. history. Prosecutors estimated the size of the fraud to be $64.8 billion, based on the amounts in the accounts of Madoff's 4,800 clients as of November 30, 2008.

https://en.wikipedia.org/wiki/Bernard_Madoff

Unveiling the Real Evil Genius

Creative people are better at rationalizing small ethical lapses that can spiral out of control

discovered 1 week ago on Scientific American
Multi-state Ponzi Scheme Leaves Local Investors Broke

Federal prosecutors say they have cracked one of the largest Ponzi schemes since the arrest of ...

discovered 1 week ago on WNEP 16 Pennsylvania
Bernie Madoff Feeder Funds Sued by Deutsche Bank

Deutsche Bank is suing two offshore funds that reneged on an agreement to sell $1.6 billion claims in Madoff's funds.

discovered 3 weeks ago on TheStreet.com
Deutsche Bank sues Madoff feeder funds for reneging on $1.6 billion claims sale

Deutsche Bank has sued two offshore funds that funneled money toBernard Madoff for 14 years,...

discovered 3 weeks ago on Reuters via Yahoo Finance
Deutsche Bank Sues Funds Over $1.6 Billion in Madoff Claims

Deutsche Bank accused a pair of offshore funds of failing to follow through on a deal to sell the...

discovered 3 weeks ago on Bloomberg
‘Imagining Madoff,’ Stage Managed by alumna Caitlyn Annelise Dominguez ’19, Transfers to Theatre Row

On the heels of a sold-out run at 59E59 Theaters earlier this year, New Light Theater Project's production of Imagining Madoff picks up Stage Management alumna Caitlyn Annelise Dominguez ’19 for its Off Broadway transfer.

discovered 3 weeks ago on Columbia University News
Gold Coast developer James Demetrakis gets probation for bank loan scam

The real estate magnate from Englewood, who spent decades erecting the canyon of gleaming riverside...

discovered 3 weeks ago on The Record
Senators reintroduce bill to roll back audit requirements for small broker-dealers

Three senators have reintroduced a bill that would exempt small broker-dealers from the expanded...

discovered 1 month ago on Accounting Today
Scams and shams: The biggest frauds in business

ZZZZ Best was a rug-cleaning business founded by then-16-year-old Barry Minkow, a California native, in 1982. Minkow would add illegal charges to...

discovered 1 month ago on The Virginian-Pilot
When the boss is a psychopath

Corporate bullies may make spellbinding film leads for a couple of hours — think Michael Douglas’ Gordon Gekko or Leonardo Di Caprio’s Wolf of Wall...

discovered 1 month ago on BBC News
The Madoff Victim Cash Recovery Quest May Be Coming to a Close

Remember when Bernard Madoff acknowledged operating the biggest Ponzi scheme ever, bilking investors...

discovered 1 month ago on Bloomberg