He will soon be sentenced for using money people gave him for investments on gambling, luxury cars and trips.
“I truly and sincerely hope that I have not added additional hurt to any of the victims,” the schul’s rabbi said, “and if I did I seek their mechila.”
Journalist Steve Fishman got the Ponzi scheme king to open up about his life and experiences in a new podcast.
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.
The Orthodox rabbi son-in-law of indicted former New York Assembly Speaker Sheldon Silver was sentenced to two years in prison on Wednesday for running a Ponzi scheme that defrauded investors out of nearly $6 million.
With the New York Mets primed to take on the Kansas City Royals in the World Series tonight, it seems the team is finally freeing itself from the ghost of Bernie Madoff’s Ponzi scheme.
A son-in-law of indicted former New York Assembly Speaker Sheldon Silver pleaded guilty on Monday to operating a Ponzi scheme that defrauded investors out of nearly $6 million over seven years.
The son-in-law of former New York Assembly Speaker Sheldon Silver was arrested for allegedly running a $7 million Ponzi scheme.
Bernard Madoff’s former back office director was sentenced to 10 years in prison on Monday for helping the convicted fraudster conceal his massive Ponzi scheme for decades.
The name of the most reviled member of the American Jewish community hangs in posterity’s balance. And in a place of honor at Manhattan’s Center for Jewish History.