The latest film about infamous swindler Bernard Madoff, whose decades-long Ponzi scheme cost clients more than $17 billion, ends with a question. “Do you think I’m a sociopath?” Madoff, played by Robert De Niro, asks journalist Diana B. Henriques in a prison interview. “The Wizard of Lies,” premiering on Time Warner Inc’s HBO on Saturday…
Ruth Madoff just wants to be left alone. When a New York Post reporter knocked on the door of Madoff’s Old Greenwich, Connecticut townhouse to ask how she felt about the release of new biopic based on her family’s scandal, she responded: “I have nothing to say.” The 75-year-old wife of Bernie Madoff, who was…
Almost a decade after losing billions of his clients’ money in Bernie Madoff’s Ponzi scheme, hedge fund financier Charles Murphy leaped to his death Monday from the twentieth floor of Midtown Manhattan’s luxury Sofitel Hotel, in what is being described as a suicide. “We are extremely saddened by this news. Charles was an extremely gifted…
Almost a decade after he was arrested for running the largest Ponzi scheme in financial history, Bernie Madoff is opening up about his life and experiences with journalist Steve Fishman in a new podcast called “Ponzi Supernova.” “We’re running through his story and we’ve developed a kind of rapport. I mean, you know, there’s a…
A federal judge has blocked litigation that the trustee liquidating Bernard Madoff’s firm said could undermine a $7.2 billion settlement meant to benefit the Ponzi schemer’s former customers. In a decision made public on Wednesday, U.S. District Judge Gregory Woods in Manhattan said A&G Goldman Partnership and Pamela Goldman cannot pursue a Florida lawsuit to…
You can take the man out of business, but you can’t take business out of the man. It seems that a stiff prison sentence for running a Ponzi scheme wasn’t enough to dissuade Bernie Madoff from entrepreneurial ventures. The disgraced investor apparently seized control of the hot chocolate market in the North Carolina lockup where…
The family of Donald Trump’s new nominee for Secretary of the Treasury was among the lucky few that walked away from Bernard Madoff’s Ponzi scheme with millions in alleged profits. Stephen Mnuchin and his brother inherited their mother’s account in Madoff’s investment fund in 2005, three years before the scheme imploded, Bloomberg reported in May….
Bernard Madoff has been in federal custody for eight years, but much of the $17 billion invested in his Ponzi scheme is still missing. Last week, attorneys recovered another $277 million of the missing assets through a settlement with the estate of a money manager named Stanley Chais, a once-prominent Jewish philanthropist whose phone number…
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