NASCAR DAD Bernard Madoff
Finally transferred to Federal Prison in North Carolina (Butner) His number # 61727-054. 45 miles northwest of Raleigh. 150 year sentence, with a cell with 2 bunks, toilet, and sink. Enjoy Bernie !... Posted on 7/15/09 at 5:07 PM
NEW YORK (AP) — U.S. authorities revealed a deal Tuesday to recover $625 million from a longtime friend of jailed financier Bernard Madoff while a trustee seeking other funds for cheated investors said negotiations are under way to recover money from the owner of the New York Mets.
Jeffry Picower, a philanthropist accused of profiting more than $7 billion from the investment schemes of his longtime friend Bernard Madoff, was found at the bottom of the pool at his oceanside mansion and died Sunday, police said. He was 67.
The Securities and Exchange Commission’s watchdog, who chronicled a history of breakdowns at the agency despite numerous red flags raised about Bernard Madoff’s business, has recommended “employee-by-employee” action to ensure the failures aren’t repeated.
NEW YORK (AP) — The former chief financial officer for Bernard Madoff pleaded guilty Tuesday to conspiracy, admitting to helping Madoff carry out a massive fraud that cost thousands of people billions of dollars by lying to investors and testifying falsely when it seemed the fraud might be discovered.
NEW YORK (AP) — A lawyer for victims of Bernard Madoff’s Ponzi scheme says the financier told him during a 4 1/2-hour prison interview plenty of details about the fraud, including how it took place and how securities regulators missed catching him.
U.S. and British investigators have joined Austrian prosecutors in examining possible ties between a Vienna fund manager and disgraced financier Bernard Madoff, whose multibillion-dollar Ponzi scheme wiped out thousands of investors and charities worldwide, an official said Monday.
NEW YORK (AP) — Federal marshals seized disgraced financier Bernard Madoff's $7 million Manhattan penthouse on Thursday and forced his wife to move out and leave her possessions behind, including a fur coat she asked to take with her, an official told The Associated Press.
An appeals court considering whether Bernard Madoff should remain jailed pending sentencing gril-led lawyers for both sides Thursday, noting to prosecutors that Madoff could have fled the country before his massive Ponzi scheme was uncovered.
Saying he was “deeply sorry and ashamed,” Bernard Madoff pleaded guilty Thursday to pulling off perhaps the biggest swindle in Wall Street history and was immediately led off to jail in handcuffs to the delight of his seething victims.
Bernard Madoff has agreed to give up the rights to his disgraced investment business and his company’s prized artwork and entertainment tickets as he faces another appearance in a federal courtroom Wednesday.
Hall of Fame pitcher Sandy Koufax. Broadcaster Larry King. World Trade Center developer Larry Silverstein.
All three have at least one thing in common: Their names appear on a list of several thousand clients of disgraced financial wizard Bernard Madoff. The list has been made public in a court filing in U.S. Bankruptcy Court in Manhattan.
A judge who let Bernard Madoff stay out of prison on charges in a $50 billion fraud told a prominent lawyer charged in a much smaller case Thursday that his friends must post $10 million in cash or property before he can go home on bail.
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