RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

Bernard Madoff

Bernard Madoff
Bernard Madoff's family turned him in to authorities in December, blowing the whistle on what authorities said he described as a "giant Ponzi scheme."

Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.

The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.

He is free on bail but must stay at his Upper East Side apartment.
Bernard Madoff's family turned him in to authorities in December, blowing the whistle on what authorities said he described as a "giant Ponzi scheme."

Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.

The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.

He is free on bail but must stay at his Upper East Side apartment.
« Show less

Top Bernard Madoff Articles

Displaying items 12-22
  • Fact-Based 'Rob The Mob' At Playhouse

    Fact-Based  'Rob The Mob' At Playhouse
    Raymond De Felitta considers the Mafia "a dead issue," as filmmaking goes. Who can out-do "The Godfather" and "GoodFellas"? The film director found a way not to outdo those movies, but to end-run them: by making "an anti-mob movie," "Rob the Mob." "It's...
  • Today's Headlines: Losing Our Religion. Favela Lives Matter.

    Hello. I'm Davan Maharaj, editor of the Los Angeles Times. A major new study finds the U.S. is becoming less Christian, and Verizon discovers new life in AOL. Here are some story lines I don't want you to miss today. a img{ border:none; } .left{ float:...
  • Frank DiPascali dies at 58; Bernie Madoff aide turned government witness

    Frank DiPascali dies at 58; Bernie Madoff aide turned government witness
    Bernard Madoff's former right-hand man, who once admitted he was loyal to his boss “to a terrible, terrible fault,” has died less than a month before he was to face sentencing for his role in the multibillion-dollar fraud. Frank DiPascali,...
  • Shula should pipe down about Pats

    Shula should pipe down about Pats
    Don Shula has earned the right to say whatever he darned well wishes. That said, I wish he’d stop talking about the cheating Patriots. If he won’t, somebody please tape his mouth shut. Please, before Shula hopelessly taints his image with...
  • Personal Finance Q&A: Investing an inheritance for college

    Personal Finance Q&A: Investing an inheritance for college
    Dear Liz: We recently inherited some money. We've never had much. We want to invest our inheritance for our kids' college education. We asked around to find investment firms that people have had a good experience with. But how do we know they are honest...
  • George Suyeoka, Pearl Harbor witness and commercial artist, dies at 89

     George Suyeoka, Pearl Harbor witness and commercial artist, dies at 89
    George Suyeoka worked as a textbook illustrator and as a commercial artist while also producing his own elaborate, functional-but-whimsical sculptures — often of animal forms — that in many cases provided commentaries about politics and...
  • Disastrous Iran deal may prove fatal to Israel

    In 1982, during one of many visits to Israel, I had the opportunity to speak with Prime Minister Menachem Begin, who told me, "Israel needs friends." He added that in the end, his nation could not trust any nation with its fate and security. The...
  • Tough-On-Crime Rowland Earns His Stripes

    As a young guy, he was tough on crime. It was one of the ways he built his reputation. President George H.W. Bush came to Connecticut and said this about him: "He's tough on crime. He's been a strong supporter of our comprehensive crime bill, a bill...
  • Tough-On-Crime Rowland Earns His Stripes

    Tough-On-Crime Rowland Earns His Stripes
    As a young guy, he was tough on crime. It was one of the ways he built his reputation. President George H.W. Bush came to Connecticut and said this about him: "He's tough on crime. He's been a strong supporter of our comprehensive crime bill, a bill...
  • 'The Jinx' director Andrew Jarecki knows the milieu of Robert Durst

     'The Jinx' director Andrew Jarecki knows the milieu of Robert Durst
    Filmmaker Andrew Jarecki has followed an unlikely path to documentary fame. Along with his father, the Princeton graduate founded the ticketing service Moviefone in 1989 and sold it to AOL 10 years later for $388 million. Before he tried his hand at...
  • 26 recipes to celebrate Martha Stewart's prison release anniversary

    26 recipes to celebrate Martha Stewart's prison release anniversary
    Happy Anniversary, Martha! Ten years ago today, Martha Stewart was released from prison. As you may recall, Stewart spent five months at the minimum-security federal women's prison in Alderson, W. Va., after being convicted for lying to government...