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Authorities say the troubled Indiana money manager who tried to fake his own death in a plane crash to avoid financial ruin bilked about $1 million from friends and relatives as part of an investment scheme that has led to 11 felony charges. ...more
August 23, 2009
"The better the villain," Alfred Hitchcock said, "the better the movie." And in the epic production that is the United States of America, we have followed that advice since the earliest settlers landed. For every hero the American story factory produces, a vivid new villain comes off the assembly line in short order. ...more
April 2, 2009
Money manager Arthur G. Nadel will get another month to hire an attorney to defend him against fraud charges leveled by the U.S. Securities and Exchange Commission. ...more
March 7, 2009
The trustee in charge of untangling the mess brought on by the Bernard Madoff scandal told investors Friday there was no indication the disgraced money manager bought securities for his clients. ...more
February 20, 2009
An Indiana money manager charged with trying to fake his death in a plane crash began to change over the past year - ultimately revealing a double life - after he started an affair, his estranged wife said Friday. ...more
February 13, 2009
A Florida hedge fund manager accused of bilking investors of up to $350 million told family members he expected to be labeled a "mini-Madoff" after disappearing on a two-week jaunt across the country before turning himself in, court documents filed Thursday show. ...more
February 12, 2009
The wife of disgraced money manager Bernard Madoff withdrew more than $15 million from a firm co-owned by her husband — including $10 million on the day before his arrest on charges he ran a $50 billion Ponzi scheme, the top security regulator in Massachusetts said Wednesday. ...more
February 11, 2009
A lawyer for Zsa Zsa Gabor says the 91-year-old actress may have lost as much as $10 million invested with accused swindler Bernard Madoff. ...more
January 26, 2009
Forget, for a moment, the blizzard of grim economic indicators and the suicides of billionaire Adolf Merckle and money manager Thierry Magon de La Villehuchet. ...more
January 18, 2009
A $10,000 statue stolen from the Palm Beach estate of disgraced financier Bernard Madoff has been found, with a message. ...more
January 1, 2009
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