In this courtroom sketch of Bernard Madoff, the admitted Ponzi schemer appears to be wearing a white yarmulke (and davening). Rest assured, neither is true. The sketch shows him reading the following statement before Judge Denny Chin of U.S. District Court: Madoff’s Statement to the Court Your Honor, for many years up until my arrest…
As the world focuses on the misdeeds of Bernard Madoff, who pleaded guilty Thursday to operating a multibillion-dollar Ponzi scheme, at least one person — granted, not one of his defrauded investors — is singing his praises. Writing on The Big Money, Chadwick Matlin has gone so far as to pen an open letter of…
If Bernard Madoff thought that jail would at least provide a break from confronting angry mobs of people, he may be in for (another) rude awakening. Sure, the Ponzi scheme architect, who pleaded guilty Thursday morning to all 11 charges against him, will escape the paparazzi that swarmed his Upper East Side penthouse. But experts…
Bernard Madoff, who is expected to plead guilty Thursday to running a multibillion-dollar Ponzi scheme, may not be the only one to go to jail for the massive fraud that he allegedly masterminded. A piece by Lucinda Franks, posted Tuesday night on The Daily Beast, suggests that the feds are focusing their attention on some…
New York Magazine’s Steve Fishman writes what is, perhaps, the best character study to date of both Bernard Madoff and the disgraced investor and Madoff enabler J. Ezra Merkin. The article, at times sympathetic, delves deep into the psyches of both men — pulling up new information about Madoff ‘s class resentment, and about what…
On Friday, the ABC News show “20/20,” aired videos of a polo shirt-clad Bernard Madoff, holed up in his Upper East Side “penthouse prison” — using his MacBook laptop computer, a bottle of sparkling water at his side. In the segment, former Madoff employee Nader Ibrahim said Madoff’s sons and brother ran the business while…
Even though his name and the names of his late parents appear on the 162-page list of purported Bernard Madoff investors, Ira Sorkin, Madoff’s attorney, tells The Wall Street Journal: “I have never been an investor or customer of Bernard L. Madoff Investment Securities. I’m not going to talk about my family members.” If the…
In what The New York Post has dubbed “Swindler’s List,” a document containing some 13,000 names and addresses of those who claim to have invested with Madoff was filed Wednesday in federal bankruptcy court. To see the list, click here. Not surprisingly, it is chock-full of Jewish names — including retired baseball pitcher Sandy Koufax,…
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