bernard madoff

Latest Articles Tagged "bernard madoff"

His $65 billion scheme went undetected for years, and harmed the lives of tens of thousands of people.

Investors who forked over $1,161,000 or less to Madoff will be paid back in full.

His brother killed himself four years ago.

'A central component of the case is why the bank didn't provide a formal report raising concerns about Mr. Madoff in the U.S. despite filing such a document with authorities in the U.K.'

“I am profoundly sorry that my failures have let so many people down, including my own loved ones and family," Madoff said in court yesterday.

Peter Madoff will serve 10 years in prison as part of a plea agreement.

This gives Peter Madoff ten years to save up for a $2.25 subway swipe.

One broker said, "My owners would never, ever rent to him. They will go through a lot of rejections."