Tag:
Madoff accomplices
Latest Headlines
Latest Headlines
More on Madoff feeder drama
We've noted the drama surrounding the many feeder funds that lived off Bernard Madoff. Were they victims, or accomplices? Recall that the state of New York has already charged Ascot Partners, headed by J. Ezra Merkin, of deceiving his clients by "falsely claiming he actively managed their funds,"
More Madoff associates to be charged
There's been some disappointment that so few people have been charged as accomplices in the Bernard Madoff Ponzi scheme. That so much could have been stolen for so many years seems next to impossible without the aid of others. Reuters reports that 10 or even more people could face criminal cha
Monday's the big day for Madoff
Bernard Madoff will face his future today when Federal District Judge Denny Chin renders his sentence. It's in some ways a symbolic matter now. Madoff's lawyers have suggested that 12 years would be fair and amount to a life sentence and that a 15-20 year sentence would offer deterrent effects. Pr
Columnist: Madoff victims were also accomplices
In all the coverage of the Madoff guilty plea, it was hard not feel sorry for all the victims, some of whom were quite famous. A columnist in the New York Times offers a contrarian take, suggesting that the victims certainly bear some responsibility for their loss.
"Isn't the first lesson
The big mystery in the Madoff case
Bernard Madoff is expected to plead guilty today to multiple counts of fraud, which will leave him facing a lifetime in prison. There are lots of questions about how he perpetrated his epic Ponzi scheme. Many remain convinced that he had some accomplices who ought to be prosecuted. But perhaps the
