Notorious Ponzi schemer Bernard Madoff has filed a petition with the Justice Department asking that President Donald Trump reduce his 150-year prison sentence. Madoff, 81, currently is serving that ...

Eliot Spitzer are among alleged victims Madoff is a Wall Street adviser and former Nasdaq chairman Bacon, the prolific actor, and his wife, fellow screen star Kyra Sedgwick, had investments with ...

61-foot yacht brings highest price in sale of scammer's boats. Nov. 17, 2009 — -- Frank DiPascali, who worked for convicted Ponzi scammer Bernard Madoff for 33 years, has finally out earned his ...

Bernie Madoff dominated headlines in 2008 when he was arrested for the biggest Ponzi scheme in history. His wife Ruth has ...

NEW YORK -- The amount of money recovered for victims of the Bernard Madoff Ponzi scheme has now topped $11 billion, bankruptcy lawyers announced today. "We now have $11,079,000,000," said Irving ...

NEW YORK — Prosecutors said Thursday that investigators found 100 signed checks worth $173 million in Bernard Madoff's office desk that he was ready to send out to his closest family and friends at ...

The Picower Foundation, one of the nation’s largest foundations until it collapsed in December as part of the Bernard Madoff investment scandal, and its founders have been sued by the trustee who is ...

HSBC Holdings is booking a provision of $1.1 billion for a lawsuit in Luxembourg related to Bernard Madoff’s multibillion-dollar Ponzi scheme, one of the largest financial frauds in American history.

ABC's two-night miniseries "Madoff" has a lot going for it - Richard Dreyfuss in the title role, Blythe Danner as his wife and still fresh memories of the sleazy financier Bernard Madoff's 2009 guilty ...