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 78-88
  • Cate Blanchett: From awful to Oscar?

    Cate Blanchett: From awful to Oscar?
    It's not where you start, it's where you finish, a beloved song tells us. And that certainly applies to Cate Blanchett in "Blue Jasmine." She is the heavy favorite to win the best-actress Oscar next month. But the early going on the Woody Allen...
  • BOOKS

    BOOKS
    Carl Hiaasen: The title of Hiaasen’s new book says it all: “Dance of the Reptiles: Rampaging Tourists, Marauding Pythons, Larcenous Legislators, Crazed Celebrities, and Tar-Balled Beaches.” The collection of Hiaasen’s columns for...
  • Thursday's TV Highlights: 'The Big Bang Theory' on CBS

    Thursday's TV Highlights: 'The Big Bang Theory' on CBS
    Customized TV Listings are available here: www.latimes.com/tvtimes Click here to download TV listings for the week of Feb. 2 - 8, 2014 in PDF format This week's TV Movies     -------------------- SERIES The Big Bang Theory Penny and Leonard...
  • Anti-Russian bigotry wins the gold [Letter]

    Anti-Russian bigotry wins the gold [Letter]
    If prejudice masquerading as journalism were an Olympic sport, the vile diatribe of commentator Mark Nuckols against all things Russian would win gold hands down ("The Sochi experiment," Feb. 6). The real problem, however, is that Mr. Nuckols' rant is...
  • Oscars 2014: Producers discuss the key scenes for acting nominees

    Pinning down the "best" scene of any Oscar-nominated performance is something of a Stygian nightmare for producers because — as they correctly protest — if an actor or actress has been nominated, they have far more than one great scene. But...
  • Extortion at funerals? That's low, even for low-life scammers

     
    With this being National Consumer Protection Week, I'm receiving all sorts of tips about the latest scams and how to avoid them. This list from the Bucks County Crimes Against Older Adults Task Force includes one that's new to me......
  • Summer reading: Fiction, poetry

    Busy Monsters William Giraldi W.W. Norton: $24.95 When a mediocre writer's bride-to-be leaves him to search for a legendary giant squid, he treks across the continent seeking counsel from nefarious creatures on how to win back her affections. (August)...
  • Madoff's wife living in Boca condo with her sister

    Madoff's wife living in Boca condo with her sister
    Ruth Madoff is living in Boca Raton with her older sister and brother-in-law, Joan and Robert Roman, who let her stay with them despite being fleeced by her husband, convicted Ponzi schemer Bernard Madoff, according to media reports and public records....
  • State warns of recent Central and South Florida investment fraud

    State warns of recent Central and South Florida investment fraud
    Bernard Madoff became a household name after he was arrested for his multi-billion-dollar Ponzi scheme. But plenty of other scam artists soon replaced the imprisoned Madoff. "People need to be on guard," said Franklin Widmann, director of securities...
  • Madoff's court-approved victims to get first payment within days

    Madoff's court-approved victims to get first payment within days
    The delayed first checks to South Florida investors with court-allowed claims to Bernard Madoff's assets were mailed out Wednesday and should be in mail boxes within the next few days. The checks were supposed to be sent out Sept. 30 but court-...
  • Ruth Madoff leaves Boca to live in Conn. house

    Ruth Madoff leaves Boca to live in Conn. house
    Ruth Madoff is now back up north after living with her sister in Boca Raton in the aftermath of her husband Bernard going to prison for his $65 billion Ponzi scheme. Her New York attorney, Peter Chavkin, referred Friday to a written statement Ruth Madoff...