Bernard Madoff was sentenced to 150 years in prison today for carrying out a $65 billion fraud. But as ProPublica’s Jake Bernstein reported last week, Madoff client Jeffry Picower likely reaped more from the scheme than Madoff himself did.
Between 1995 and 2008, Picower and his family withdrew $5.1 billion more from their Madoff accounts than they originally invested. Irving Picard, the trustee in charge of liquidating Madoff’s firm, has filed a lawsuit (PDF) against Picower and his wife to try to recover those funds and turn … more…
As California lawmakers tackle their state's $24 billion deficit, one little-known proposal on the table is a $20 million cut to the … more…
"One of the biggest problems facing the criminal justice system today is the substantial backlog of unanalyzed DNA … more…
District attorneys' offices cashing in from deals with a private company that collects bad checks may soon have to answer to Rep. Barney … more…
When the U.S. government hired Michael Sheppo to help eliminate a crushing backlog in untested DNA evidence, he had all the right … more…
This post was updated on May. 11, 2009 9:30 a.m.
On Thursday, we reported that a stockpile of documents by and about … more…
Debbie Shaw had to wait 19 years to find out who broke into her Dallas home and raped her in 1986.
That's because the rape evidence … more…
David Shaw, a wiry 27-year-old with a history of burglary and theft convictions, had already raped one woman when he attacked Kellie … more…
Kellie Greene spent three years living in fear, waiting for police to catch the stranger who raped her.
Her fear slowly … more…
June 26, 2009
Pang Took $83 Million From Firm, Filings Say Mark Maremont, Wall Street Journal ($), June 26, 2009
June 25, 2009
Oklahoma Eyes Stimulus Fraud Michael McNutt, NewsOK, June 25, 2009
June 05, 2009
Poor Past Record-Keeping Could Cost Baltimore Julie Bykowicz and Annie Linskey, Baltimore Sun, June 05, 2009
May 19, 2009
Fairfield Hit With Lawsuit Over Madoff Amir Efrati, Wall Street Journal ($), May 19, 2009
May 18, 2009
Obama to Keep Tribunals; Stance Angers Some Backers William Glaberson, New York Times, May 18, 2009
May 15, 2009
3 Police Departments Barred from Stimulus Money Frank Main, Chicago Sun-Times, May 15, 2009
May 08, 2009
$250 Stimulus Checks Only a Loan for Many Stephen Ohlemacher, AP, May 08, 2009
May 06, 2009
Dismissal of Guilty Pleas Is Sought for Immigrants Julia Preston, New York Times, May 06, 2009
May 05, 2009
Google, Apple Scrutinized by the FTC Jessica E. Vascellaro and Yukari Kane, Wall Street Journal ($), May 05, 2009
Stanford ‘Surrenders’ to Feds Who Didn’t Want Him Mary Flood, Houston Chronicle, May 05, 2009