Victims of the Ponzi schemes of Bernard Madoff and Allen Stanford, two of the largest in U.S. history, suffered setbacks on Monday as the U.S. Supreme Court refused to hear appeals in two cases ...

These are trying times for the boards of charities and foundations that have seen investments evaporate in the Bernard Madoff fraud. But for the board members themselves, things could get even worse.

NEW YORK (Reuters) - The arrest of investment manager Bernard Madoff on charges of running a $50 billion (33 billion pounds) "Ponzi scheme" may be only the beginning of the legal saga triggered by the ...

NEW YORK — Disgraced financier Bernard Madoff unexpectedly revealed Tuesday that he will plead guilty to all charges — without a plea deal — and face a prison sentence of up to 150 years for swindling ...

The Securities and Exchange Commission has charged a New York-based brokerage firm and four individuals with securities fraud, alleging they raised billions of dollars from investors for Bernard ...

Bernie Madoff went to jail in 2009 and died in 2021. His Ponzi scheme, one of the biggest frauds in Wall Street history, is still haunting the finance industry. HSBC said it would set aside $1.1 ...

LONDON (Reuters) -HSBC Holdings said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of an appeal in a long-running lawsuit tied to Bernard Madoff's ...

A lawyer for the late philanthropist Jeffry Picower said settlement talks over how much his estate should turn over to victims of Bernard Madoff’s fraud are snagged on disputes over the repayment ...

One year after Bernie Madoff admitted to masterminding the biggest Ponzi scheme ever, columnists say the fallout from the scandal is far from over. The $50 billion dollar scam bankrupted hundreds of ...

Kallas: A Big Win For Met Ownership In Madoff Case, But It Ain't Over Til It's Over Any way you look at it, the 18-page decision filed yesterday by United States District Judge Jed Rakoff in the ...

NEW YORK AP - A bankruptcy judge in the Bernard Madoff case refused Tuesday to waive a deadline for claims against the disgraced money manager by people who may be asked to give back money they made ...