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Madoff whistleblower went unhe...

Madoff whistleblower went unheeded for years
Posted by press on 03 14th, 2009
  BOSTON - His repeated warnings that Wall Street money manager Bernard Madoff was running a giant Ponzi scheme have cast Harry Markopolos as an unheeded prophet. But people who know or worked with Markopolos say it wasn’t prescience that...

After plea, Madoff investigati...

After plea, Madoff investigation grinds on
Posted by press on 03 13th, 2009
  NEW YORK — The day after Bernard Madoff was placed behind bars, investigators returned Friday to the arduous task of piecing together one of the largest frauds in history — and trying to determine if anyone else was involved. The FBI has declined...

Madoff scam reveals regulatory...

Madoff scam reveals regulatory failure
Posted by press on 03 13th, 2009
  Now that he has pleaded guilty, Bernard Madoff’s story might be seen to have reached an end of sorts. But so vast was the scale of his crime that the legacy of his extraordinary fraud will take years, if not decades to reveal itself. First...

Madoff fraud investigation wid...

Madoff fraud investigation widens
Posted by press on 03 13th, 2009
With disgraced US financier Bernard Madoff now behind bars, attention has turned to whether others were involved in his estimated $50bn (£35bn) fraud. While Madoff insists he acted alone, prosecutor Lev Dassin said he was investigating if others...
recent from Court hearing Madoff sent to jail as furious victims applaud Madoff sent to jail as furious victims applaud
NEW YORK – Careful to blame only himself, a “deeply sorry and ashamed” Bernard Madoff pleaded guilty Thursday to pulling off what could be the biggest, most spectacular swindle Wall Street has even seen, and was sent off to jail in handcuffs to the applause of his furious victims. “I...
recent from Madoff Family Madoff appeals for bail and reveals wife’s huge fortune Madoff appeals for bail and reveals wife’s huge fortune
After barely 24 hours in prison, the Wall Street fraudster Bernard Madoff has launched an attempt to return to his Manhattan penthouse through an appeal for bail which discloses the true extent of his lavish lifestyle. Documents filed by defence lawyers estimate that Madoff and his wife, Ruth, have assets...
recent from Ponzi Scheme Madoff whistleblower went unheeded for years Madoff whistleblower went unheeded for years
  BOSTON - His repeated warnings that Wall Street money manager Bernard Madoff was running a giant Ponzi scheme have cast Harry Markopolos as an unheeded prophet. But people who know or worked with Markopolos say it wasn’t prescience that helped him foresee the collapse of Madoff’s alleged...
recent from Investors Investors ask to be heard at Madoff plea hearing Investors ask to be heard at Madoff plea hearing
NEW YORK — Federal prosecutors said Monday they’ve received at least 25 e-mail requests from investors who want to speak at Thursday’s scheduled plea proceeding for disgraced financier Bernard Madoff. An additional 11 investors sent e-mails about acceptance of a potential guilty plea from...