Tag:
Ponzi Scheme
Latest Headlines
Latest Headlines
Even in prison, Bernie Madoff is still Bernie Madoff
Bernard Madoff is lonely in prison, but at least one person is keeping in touch with him.
Allen Stanford found guilty of fraud
If it weren't for Bernie Madoff, Allen Stanford would have been a household name.
Amish "Bernie Madoff" seeks forgiveness
Monroe Beachy was a respected figure in his Ohio Amish community for decades, standing as a pillar of the community for his financial expertise.
Rajaratnam finds ways to stay in the news
Raj Rajaratnam has kept his name in the headlines since he was found guilty of insider trading and sentenced to 11 years of hard time. He will not be serving his sentence with Bernard Madoff after
Bernard Madoff affair still making news
It's hard to believe that Bernard Madoff pleaded guilty to running a massive Ponzi scheme way back in 2009. It seems like just yesterday, in part because even from his North Carolina prison where he
Time to revamp SEC?
The issue of a radical overhaul of the SEC's structure and even its mission has been a fairly big issue as of late. Recall that Section 967 of Dodd-Frank required that the SEC hire a consultant to
Court decision deals Picard a setback
We've discussed recently whether a backlash of sorts was developing against Irving Picard, the court-appointed trustee who has gone after "net winners" in the Bernard Madoff Ponzi Scheme with a zeal
Backlash against Bernard Madoff trustee may be brewing
The legal tide may be turning against Irving Picard, the court-appointed trustee who was tasked with recovering the ill-gained profits from the Bernard Madoff Ponzi Scheme. When he was given the job,
FINRA turns to licensing to bolster security
The Bernard Madoff Ponzi scheme continues to reverberate through Wall Street. In order to prevent such frauds, FINRA has proposed--and the SEC has recently agreed--that all operations executives on
Are Rajaratnam investors the same as Madoff 'net winners'?
Should investors in the Galleon Group, which was run by the convicted insider trading criminal mastermind Raj Rajaratnam, suffer for the sins of the fund manager? That's a provocative question raised
