The owners of the New York Mets may already owe the trustee in the Bernard Madoff case up to $83.3 million -- and they could owe $300 million if they lose in a court case that begins this month.
In another blow to the trustee in the Bernard Madoff case, a federal judge threw out a $20 billion lawsuit attempting to recover more of the stolen funds.
In a win for the owners of the New York Mets, a federal judge on Tuesday upheld an earlier court decision that placed limits on the amount of money that the trustee in the Madoff case can seek.
A federal district court judge in New York has delivered some more bad news to thousands of investors who lost money to Ponzi schemer Bernard Madoff.
The court-appointed trustee in the Bernard Madoff Ponzi case has hatched a $326 million settlement with the Internal Revenue Service.
The Securities and Exchange Commission said Friday that it had disciplined eight employees for their failure to detect the infamous Madoff Ponzi scheme, a major embarrassment for the agency.
Two investors who lost their money to Bernard Madoff are suing JPMorgan Chase for $19 billion, accusing the firm of aiding and abetting the Ponzi schemer.
Robert DeNiro's played a lot of crooks in his time -- from Vito Corleone to Al Capone -- and now he's tackling yet another: Bernie Madoff.
"Tower Heist" producer Brian Grazer tells Piers Morgan how the new movie is based on Bernie Madoff.
Banks trying to stave off huge pay outs over the Bernard Madoff mess have scored a key win in court.
The son and wife of convicted stockbroker Bernie Madoff said they had no inkling he was running a $50 billion Ponzi scheme until he came home on a December night three years ago and gathered the family together.
Some of Bernie Madoff's victims say they feel the public is conned every time one of the Madoff family members speaks.
The media resurfacing of Bernard Madoff and his family has many victims of the notorious Ponzi schemer incensed over the attention being given to the man responsible for wiping out their life savings.
Ponzi convict Bernard Madoff has "terrible remorse" for having "ruined his family" but is "happier in prison" than he was on the outside, according to Barbara Walters of ABC, and downplays the severity of his crimes.
Ruth Madoff says she and her husband attempted suicide as public outrage mounted over Bernard Madoff's infamous $50 billion Ponzi scheme, the largest in U.S. history.
Nearly three years after Bernard Madoff's Ponzi scheme unraveled, his victims are getting their first piece of the stolen funds.
The victims of Bernie Madoff are going to have to wait a little longer to get their first taste of monetary justice.
A federal judge dismissed most counts of a $1 billion suit against the owners of the New York Mets baseball team Tuesday that stemmed from the club's involvement in Bernie Madoff's Ponzi scheme.
The Bernard Madoff Ponzi scheme continues to haunt the Securities and Exchange Commission.
That Bernie Madoff was a crook of virtually unheard of proportions is clear. That he defrauded tens of thousands of individual investors, charities and other institutions that will never get their money back is a matter of public record.
A federal judge will hear arguments Friday on whether the owners of the New York Mets baseball team should have to forfeit $1 billion for their connection to Bernard Madoff's Ponzi scheme.
A federal judge shot down an appeal from investors in Bernard Madoff's scheme, dismissing their opinion that they're entitled to the amount of money that the Ponzi schemer said they were worth.
If you've ever dreamed of turning the tables and taking Bernie Madoff to the cleaners, here's your chance. John Vaccaro, a New York entrepreneur, is selling iPad covers made from the disgraced financier's tailored clothes.
The court-appointed trustee in the case of Ponzi schemer Bernard Madoff announced that a settlement for $1 billion has been reached with the Tremont Group feeder funds.
The trustee in the Bernie Madoff case filed an amended complaint against JPMorgan Chase on Friday, upping the damages sought from $5.4 billion to $19 billion for the bank's alleged role in the Ponzi scheme.
The man who cooked the books for Bernard Madoff pleaded guilty Monday.
The last remaining personal property belonging to Ponzi schemer Bernie Madoff and his wife, Ruth, netted nearly $500,000 in an auction in Miami Beach, Florida, the U.S. Marshals Service said Tuesday.
Bidders got to purchase hundreds of items taken from Bernard Madoff's Palm Beach mansion. WPLG reports.
Bernard Madoff's taste in wine may not have been the most sophisticated, but buyers were more than willing to pay big bucks to own a piece of the disgraced financier's liquor cabinet.
What does it cost to clean up after the biggest swindle ever?
Got a taste for Chateau Mouton Rothschild? Bernie Madoff's got a case for you.
Some of the people who lost money in the Bernard Madoff Ponzi scheme, but had been shut out of any recovery of their funds, are a step closer to getting at least something back.
The trustee in charge of recovering money stolen by Bernard Madoff took steps Wednesday to begin payments to victims totaling $272 million.
The lawyers trying to clean up the mess left behind by Bernard Madoff's Ponzi scheme asked a judge for another multi-million dollar payday.
The federal bankruptcy court judge presiding over the Bernard Madoff case has revealed the JPMorgan Chase employees who allegedly suspected they were doing business with a Ponzi schemer.
Getting the money back from Bernard Madoff is only half the battle for Irving Picard, the trustee in charge of recovering assets stolen in the world's most notorious Ponzi scheme.
The owners of the New York Mets fought back Sunday against the court-appointed trustee in the Bernard Madoff Ponzi case, saying his suit to recover $1 billion from them is a "work of fiction."
The court-appointed trustee in the Bernard Madoff Ponzi case is now seeking to recover $1 billion from the owners of the New York Mets baseball team, alleging a much deeper relationship than had been previously disclosed.
The trustee seeking repayment for victims of Bernard Madoff's multi-billion dollar Ponzi scheme has been subpoenaed by a House committee looking into the SEC's chief council, who inherited a Madoff investment from his late mother.
The Securities and Exchange Commission chief on Thursday faced angry lawmakers who grilled her about why she let her top attorney work on the Bernard Madoff Ponzi scheme case -- knowing his late mother was a Madoff investor.
The court-appointed trustee charged with recovering assets stolen by Ponzi schemer Bernard Madoff is ready to distribute $2.6 billion worth of recovered funds to the victims.
Victims of Bernard Madoff's Ponzi scheme are infuriated with his latest jailhouse interview, in which he blames his victims for being "greedy."
The court-appointed trustee in the Bernard Madoff case has sued the outgoing top lawyer at the Securities and Exchange Commission for allegedly profiting off the largest Ponzi scheme in history.
PORT ST. LUCIE, Fla. -- Despite the Wilpons' continuing public statements that they intend to keep control of the Mets, high-ranking people around baseball are extremely concerned about whether well-liked owner Fred Wilpon will be able to hold onto his beloved Mets long-term.
Convicted Ponzi schemer Bernard Madoff, in a jailhouse interview published Wednesday, said banks and hedge funds were "complicit" in his multi-billion dollar fraud.
Bernard Madoff's Ponzi scheme left thousands of victims in its wake -- and lawyers and consultants are reaping millions in payments from the financial devastation.
If one listens to sports talk radio in New York City, he would think Fred and Jeff Wilpon, the father and son multimillionaires running (or some would say, destroying) the New York Mets, served as Bernie Madoff's personal sidekicks. They worked alongside the man, plotted his investment evils, went client by client in a devilish spree to rob from the rich and give to the Mets.
JPMorgan Chase accused the court-appointed trustee in the Bernard Madoff Ponzi case of overstepping his bounds with his $6 billion lawsuit against the financial services company.
A clawback lawsuit filed on behalf of victims of Bernard Madoff against Mets owner Fred Wilpon and his business partners paints Wilpon not only as a major beneficiary of Madoff's fraudulent scheme, but also one who clearly "knew or should have known" about Madoff's fraud and who selfishly choose to profit from it.
The court-appointed trustee in the Bernard Madoff Ponzi case has accused the owners of the New York Mets baseball team of reaping $300 million in profit from the scheme, according to documents unsealed Friday.
JPMorgan Chase executives suspected that Bernard Madoff's investment strategy was actually a Ponzi scheme years prior to its collapse, but did nothing to stop it, according to the court-appointed trustee trying to recove assets stolen by Madoff.
The oldest son of convicted defrauder Bernie Madoff hanged himself in his New York apartment. CNN's Joe Johns reports.
It's a landmark day for victims of Bernard Madoff's Ponzi scheme. A bankruptcy court judge approved the trustee's request to dole out billions of dollars in seized assets to the victims.
A former aide to Bernard Madoff has surrendered to authorities in Florida and will soon appear in New York to face charges related to Madoff's massive Ponzi scheme.
A former aide to Bernard Madoff has surrendered to authorities in Florida and will soon appear in New York to face charges related to Madoff's massive Ponzi scheme.
The effort to recover money for victims of Bernard Madoff took a dramatic turn Friday when officials said the widow of one of the Ponzi scheme's biggest beneficiaries had agreed to turn over $7.2 billion.
The widow of Mark Madoff said she is devastated by the death of her husband, who took his own life two years to the day after his father was arrested in the largest Ponzi scheme in U.S. history.
Mark Madoff, the son of the mastermind of the largest US ponzi scheme commits suicide. Susan Candiotti reports
The death of Mark Madoff, the son of convicted Ponzi-schemer Bernard Madoff, was ruled a suicide by the New York City medical examiner's officer on Sunday, a day after the victim's body was discovered hanging from a ceiling pipe in his SoHo apartment.
Sources tell CNN that Mark Madoff, the son of failed financier Bernie Madoff, was found dead of an apparent suicide.
The death of Mark Madoff, the son of convicted Ponzi-schemer Bernard Madoff, was ruled a suicide by the New York City medical examiner's officer on Sunday, a day after the victim's body was discovered hanging from a ceiling pipe in his SoHo apartment.
Two years after the arrest of Bernard Madoff, the fallout from his sweeping Ponzi scheme continues to wreak havoc on thousands of victims, whose lives were destroyed by the gargantuan scam.
Mark Madoff, the son of convicted Ponzi-schemer Bernard Madoff, apparently killed himself while his wife was out of town and his 2-year-old son was asleep in a nearby bedroom, New York police officials said Saturday.
Mark Madoff, the son of convicted Ponzi-schemer Bernard Madoff, apparently killed himself while his wife was out of town and his 2-year-old son was asleep in a nearby bedroom, New York police said Saturday.
Police are examining Mark Madoff's home after he was found dead hanging from a ceiling pipe. Susan Candiotti reports.
The court-appointed trustee in the recovery of assets stolen by Bernard Madoff has accused an Austrian banker of being a key player in the Ponzi scheme, suing her for $19.6 billion.
Most of Bernard Madoff's victims have two things in common: a) they'd never heard of the Ponzi schemer before he was arrested nearly two years ago and b) they're not eligible to get any of their money back.
The court-appointed trustee in the recovery of assets stolen by Bernard Madoff accused two accountants, along with members of their families, of covering up the Ponzi-schemers actions.
Nearly two years since the arrest of Ponzi schemer Bernard Madoff, hundreds of his victims are in for another nasty blow.
The trustee in charge of recovering and distributing Bernie Madoff's assets sued the owner of the New York Mets baseball club Tuesday.
The court-appointed trustee for the recovery of assets stolen by Bernard Madoff has sued UBS AG for $2 billion, accusing the Swiss financial firm of participating in Madoff's Ponzi scheme.
The court-appointed trustee trying to recover money stolen by Bernard Madoff has sued the Ponzi con's relatives and former employees in a bid for $69 million.
The court-appointed trustee for the liquidation of Bernard Madoff's estate is suing JPMorgan Chase for $6.4 billion for allegedly aiding the most massive Ponzi scheme in history.
The court-appointed trustee liquidating Bernard Madoff's former investment firm has filed a lawsuit against HSBC for $9 billion for allegedly aiding the most massive Ponzi scheme in history.
Fraudster Bernie Madoff's possessions have gradually been sold off to pay back his victims, but one of his luxury belongings is still for sale.
Two former employees of disgraced financier Bernard Madoff have been arrested by the FBI in relation to his massive Ponzi scheme, according to FBI spokesman Jim Margolin.
The man in charge of recovering funds for investors duped by Ponzi mastermind Bernard Madoff has a new target: Investors who profited from Madoff's crimes.
The trustee overseeing the liquidation of convicted fraudster Bernard Madoff's investment firm has expanded his lawsuit in U.S. bankruptcy court, setting his sights on one group of hedge funds in particular.
If I ask you who the worst hedge fund fraudster is in the world, there's only one name that will spring to mind. The guy who allegedly looted billions of dollars from unwitting victims. The guy who had been accused of fraud for years, though the government failed to properly investigate for years. The guy who is now seemingly showing no remorse while protesting the conditions in prison. The guy who left many of his victims broke and has been beaten while incarcerated.
A Madoff in-law has filed for a name change, hoping to rid herself of the notorious moniker that has become synonymous with swindle.
Bernie Madoff. Allen Stanford. You don't have to go too far to find bad financial advisers. What are some red flags that investors should keep an eye out for?
Ponzi schemer Bernard Madoff was moved back to his jail cell Monday after being treated for 10 days at a medical facility at the prison where he's incarcerated in North Carolina, according to the Federal Bureau of Prisons.
Convicted swindler Bernard Madoff is being treated for "issues relating to dizziness and hypertension" at the medical facility of the prison where he is incarcerated, according to the Federal Bureau of Prisons.
Convicted swindler Bernard Madoff is being treated for "issues relating to dizziness and hypertension" at the medical facility of the prison where he is incarcerated, according to the Federal Bureau of Prisons.
Ponzi scammer Bernard Madoff has been transferred to a medical facility at the prison where he's incarcerated in North Carolina, according to the Federal Bureau of Prisons.
One year since the arrest of Ponzi mastermind Bernard Madoff, most of his victims are still trying to recoup their losses.
Bernard Madoff's investors aren't the only ones suffering through the aftershocks of his epic fraud. A cloud of suspicion hangs over the financial planning industry, forcing even longtime veterans adjust their business practices and reassure skittish clients.
Federal regulators on Friday charged two computer programmers for helping convicted swindler Bernard Madoff perpetrate one of the largest frauds in U.S. history.
You can't take it with you, not to prison, so the long list of material possessions amassed by Bernie Madoff during his years of ill-gotten gains will soon be sold off, their link to the felonious financier eventually forgotten.
The longtime accountant of convicted swindler Bernard Madoff pleaded guilty Tuesday to multiple fraud charges in connection to Madoff's notorious, decades-long Ponzi scheme.
David Friehling, the long-time accountant for Ponzi schemer Bernard Madoff, is expected to plead guilty to fraud charges next week, in a deal with federal prosecutors.
More than $500 million has been returned to the victims of Ponzi schemer Bernard Madoff, according to the trustee in charge of recovering stolen assets.
A major investor in convicted swindler Bernie Madoff's Ponzi scheme drowned in his swimming pool in Florida after a heart attack, his attorney said Monday. The medical examiner's office confirmed the report.
A major investor in convicted swindler Bernie Madoff's Ponzi scheme drowned in his swimming pool in Florida after a heart attack, his attorney said Monday, and the medical examiner's office confirmed the report.
A key investor with convicted swindler Bernie Madoff drowned in his swimming pool Sunday afternoon, police said.
A new lawsuit alleges that convicted swindler Bernie Madoff financed a cocaine-fueled work environment and a "culture of sexual deviance," and he diverted money to his London, England, office when he believed federal authorities were closing in at home.
A new lawsuit alleges that convicted swindler Bernie Madoff financed a cocaine-fueled work environment and a "culture of sexual deviance," and he diverted money to his London, England, office when he believed federal authorities were closing in at home.
Two victims of the convicted Ponzi schemer Bernard Madoff filed suit Wednesday against the Securities and Exchange Commission, accusing the government regulator of negligence in failing to protect investors.
The recession has taken its toll on the nation's super rich, whose collective net worth fell for only the fifth time in 28 years, according to a survey released Wednesday.
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