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Ruth Madoff forfeits asset claims, left with $2.5 million Jun 27, 2009 8:31AM

Ruth Madoff, the wife of epic swindler Bernard Madoff who reaped billions and a lavish family lifestyle, will be left with $2.5 million and have to look for a new home as she forfeits claim to some $80 million in assets. Read more

Prosecutors ask judge to imprison Madoff for life Jun 26, 2009 8:24PM

Swindler Bernard Madoff should spend the rest of his life in prison, U.S. prosecutors argued on Friday, citing the "unique scope and duration" of his crimes as the leader of Wall Street's biggest fraud. Read more

U.S. prosecutors ask judge to imprison Madoff for life Jun 26, 2009 8:24PM

Swindler Bernard Madoff should spend the rest of his life in prison, U.S. prosecutors argued on Friday, citing the "unique scope and duration" of his crimes as the leader of Wall Street's biggest fraud. Read more

U.S. prosecutors seek life term for Madoff Jun 26, 2009 8:40PM

Swindler Bernard Madoff should receive a sentence that ensures he will spend the rest of his life in prison for running Wall Street's biggest investment fraud, U.S. prosecutors argued on Friday. Read more

Emotions run high as Madoff sentencing nears Jun 25, 2009 4:48PM

Next Monday, Wall Street's biggest and most brazen crook, Bernard Madoff, will leave his jail cell to hear his punishment. But for his victims, even a lifetime in prison may not be enough. Read more

U.S. judge delays Madoff restitution issues Jun 24, 2009 2:24PM

Decisions over restitution for the thousands of investors defrauded by Bernard Madoff have been deferred for three months, the U.S. judge who will sentence the confessed swindler on June 29 ruled on Wednesday. Read more

U.S. seeks delay on calculating Madoff restitution Jun 21, 2009 9:24PM

Investigators of Bernard Madoff's global swindle want more time to calculate the amount of money lost and the number of investors defrauded as they seek to determine restitution, but see no need to delay his June 29 sentencing, U.S. prosecutors said in court papers. Read more

SEC investigates itself, speaks with Madoff Jun 18, 2009 8:21PM

Convicted fraudster Bernard Madoff, awaiting sentencing for a $65 billion Ponzi scheme, met with an investigator from the Securities and Exchange Commission inquiring about the agency’s failure to detect the fraud, a person familiar with the matter told Bloomberg. Read more

Judge OKs Banco Santander settlement in Madoff case Jun 16, 2009 1:32PM

A U.S. judge on Tuesday approved a legal settlement requiring a unit of Banco Santander SA <SAN.MC>, which fed billions to New York financier Bernard Madoff before his swindle was revealed, to pay $235 million. Read more
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