Peter Madoff, the younger brother of jailed Ponzi scheme operator Bernard Madoff, has been taken into custody by the FBI. Peter Madoff, 66, surrendered himself Friday morning at his lawyer’s office in midtown Manhattan ahead of an expected guilty plea to criminal charges related to the Ponzi scheme, according to the Wall Street Journal. He…
A longtime colleague of Bernie Madoff reportedly plans to plead guilty to fraud Monday and tell a court that his ex-boss’s Ponzi scheme began two decades earlier than Madoff has claimed. The Guardian reports that David Kugel, a trader who joined Madoff’s firm in 1970, is expected to plead guilty to conspiring to defraud investors…
After three years of silence, the wife and son of Bernard Madoff have gone public in a series of interviews intended to clear their names before a skeptical national audience. But the victims of Madoff’s massive Ponzi scheme — many now embroiled in lawsuits of their own — would rather the former financier’s family have…
With a memoir to sell and scores to settle, Bernie Madoff’s daughter-in-law appeared on “The View” this morning to talk about the infamous Ponzi schemer and the damage he wrought on his own family. The author of the newly published “The End of Normal,” Stephanie Madoff Mack cut a sympathetic figure on the ABC daytime…
From the smart-women-foolish-choices department: Ruth Madoff, wife of the world’s most infamous Jewish fraudster, is finally dumping her high school sweetheart after 52 years of marriage to reconcile with her surviving son, the UK Daily Mail reports. Mrs. Madoff, 70, had been “rejected” by sons Mark and Andrew for refusing to leave Madoff after his…
Bernie Madoff has already inspired his own hot sauce, so why not a line of iPad covers? Frederick James, a company that specializes in iPad cases, has unveiled a new line with an unusually intimate connection to the “notorious felon,” as the Ponzi schemer is described on the firm’s website. In addition to collections including…
Perhaps it was inevitable that someone in the Madoff clan would eventually write a tell-all. If she gets her way, that family member will be Stephanie Morgan, the former daughter-in-law of Bernie and Ruth Madoff. New York magazine reports that Morgan is currently shopping a memoir to publishers, promising a story that portrays her as…
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…
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