All posts tagged bernie madoff
Programmers Took Hush Money to Help Madoff Swindle
If you suspected that one guy couldn’t pull off a $65 billion fraud without some help, you were right. Securities regulators charged two computer programmers with helping Bernard Madoff perpetrate the largest investor swindle in history. Read the full story …
Ruth Madoff Sued for $45 Million
Trustees appointed to liquidate the business of Bernie Madoff have sued his wife, Ruth, for $45 million in alleged fraudulent transfers made during the past six years. After
Madoff Gets 150 Years; Wife Gets $2.5 Million; Conspirators?
Bernie Madoff’s plea for leniency fell on deaf ears resulting in 150 years in prison. Meanwhile, Madoff’s wife Ruth agreed to sell off some $60 million in pilfered
Madoff Defense: “I Am That Stupid”
As several Madoff victims are being investigated as potential conspirators the old “I really am that stupid” defense is getting dusted off and used proudly. Could seasoned multi-millionaires
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