Bernie Madoff Firesale

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New payout could make more Madoff victims whole

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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.

Executives spared in JPM's Madoff deal: Sources

Bernie Madoff Firesale

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.

JPMorgan said in talks over Madoff warnings

Bernie Madoff

J.P. Morgan's alleged failure to file a key federal document more than five years ago is emerging as a critical component of a Justice Department investigation into whether the bank provided adequate warnings about the fraud of Bernard Madoff, people close to the probe said.

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Madoff Offers To Spill The Beans On Big Banks

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.

Money On Hook

New payout could make more Madoff victims whole

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.

Money To Be Returned to Madoff Investors Tops $5 Billion

Most investors in Bernie Madoff's epic Ponzi scheme initially assumed they had lost everything. But a new distribution announced Tuesday by court-appointed trustee Irving Picard will bring the total amount returned to investors past $5 billion for the first time.

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