Andrew Madoff, the son of convicted financier Bernie Madoff, was worth $16 million prior to his death from lymphoma on Sept. 4.
Sad to report.
New allegations say that Bernie Madoff's sons knew much more about their father's Ponzi scheme than they originally claimed.
Victims of the epic Madoff Ponzi scheme could get back another $349 million under a proposal submitted to the bankruptcy court Tuesday by trustee Irving H. Picard. The proposed distribution, the fourth since the scandal broke, brings the total payout to nearly $6 billion.
Convicted fraudster Bernard Madoff is back in prison after being hospitalized for a heart attack last month, CNBC has learned.
The bank's efforts to improve controls will be exempt from outside scrutiny, CNBC has learned.
JPMorgan Chase is expected to pay approximately $2 billion to settle a criminal and regulatory investigation into its dealings with Bernard Madoff, though no individuals at the bank will be implicated, according to sources familiar with the agreement.
U.S. authorities are investigating whether JPMorgan Chase tried to impede their investigation of the Bernard Madoff Ponzi scheme, CNBC has learned.
Bernard L. Madoff claims that he has provided key information to investigators of JP Morgan, reported CNBC's Scott Cohn Friday.
On the fifth anniversary of Bernard Madoff's arrest, the onetime financial luminary is still confident in his version of the facts.
Producer Jane Rosenthal and Robert De Niro discuss their upcoming film on disgraced financier Bernie Madoff.
By Stephanie Madoff Mack
Five years after Bernie Madoff's arrest, new masters of Ponzi schemes have emerged. Meet the scammer convicted as Minnesota's $200 million man.
Sad to report.
The recent rash of insider trading cases may be a shock to some on Wall Street, but not to one long-time market player: Bernie Madoff.
Jailed Ponzi schemer Bernard Madoff plans to amplify his contention, possibly in testimony before Congress, that the big banks he did business with – J.P. Morgan Chase, Bank of New York Mellon, Citigroup and HSBC Group, among others – knew what he was up to.
Dolly Lenz Real Estate LLC’s Brett Forman gives a tour inside the New York City apartment once owned by Bernie Madoff.
HSBC, custodian of a fund that lost about $1.5bn through Bernard Madoff’s Ponzi scheme, said liability rules for banks in Europe weren’t as strict at the time of the scandal surrounding the convicted fraudster.
Donald Longueuil, a former employee of the hedge fund SAC Capital Advisors, has big for plans when he gets out of prison.
Citigroup will pay $525,000 to resolve U.S. regulatory claims that the Wall Street bank’s traders exceeded limits on speculation in wheat futures.