Add Yahoo as a preferred source to see more of our stories on Google. Bernard L. Madoff leaves US Federal Court after a hearing regarding his bail on Jan. 14, 2009 in New York. The U.S. Justice ...

Fifteen years to the day after the arrest of Bernie Madoff for the largest Ponzi scheme in history, nearly 25,000 of the disgraced financier's victims will receive $158.9 million, bringing their total ...

Dec. 30 (UPI) --The fund designed to aid victims of the investment scam perpetrated by Bernie Madoff started its final round of payment reimbursements, the U.S. Justice Department announced. The 10th ...

Started his firm with $5,000 he saved from working as a lifeguard. Madoff served as NASDAQ’s chairman in 1990, 1991 and 1993. Had many high-profile victims, including director Steven Spielberg, actors ...

NEW YORK (Reuters) - The bankruptcy trustee overseeing the liquidation of Bernard Madoff's investment advisory firm will ask a court to decide how much the imprisoned swindler's victims should recover ...

The following is Bernard Madoff's prepared plea allocution statement, delivered today in U.S. District Court in New York: Your Honor, for many years up until my arrest on December 11, 2008, I operated ...

The last disbursement, of more than $131 million, is being sent to more than 23,000 victims worldwide. When it is completed, more than $4.3 billion will have been distributed by the fund to more than ...

In total, payouts to Madoff victims now amount to around $19 billion. The total amount reported missing from client accounts, including fictitious gains, was nearly $65 billion. Richard Breeden, ...

Bernard Madoff, chairman of Bernard L. Madoff Investment Securities, in his office in New York, on Dec. 30, 1999. Credit - Ruby Washington—The New York Times/Redux Bernard L. Madoff, a boy from Queens ...