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Articles Tagged With 'Ponzi Scheme'

The Madoff Circle: Who Knew What?

Civil suits and court motions that have been filed in the Madoff case hint that a small circle of men played knowing, integral roles in the scheme, in some cases benefiting more from it than even Madoff himself.

Picower’s Madoff Take Now Estimated to Be $7.2 Billion

A filing by a court-appointed trustee declares that Jeffry Picower was the biggest beneficiary of Bernard Madoff's Ponzi scheme.

Picower: Charges of Complicity With Madoff “Baseless”

An investor whose family made billions in Bernard Madoff's Ponzi scheme says he was deceived like everyone else.

Madoff Gets 150 Years; His Client Jeffry Picower Gets $5 Billion

A lawsuit says a client of Bernard Madoff should have known he was getting rich from a fraud.

Auditing the Audit Firms

Investors accuse auditing firms of letting fraud go unchecked.

Update: Madoff Stays Out of the Slammer

Losses Unknown From Madoff’s ‘One Big Lie’