Ponzi Scheme news from FierceFinance

Down goes another Bernard Madoff crony. Daniel Bonventre, director of operations for the Madoff firm from at least 1978 until its collapse in December 2008, has been charged with "concealing the... Read more...

The Bernard Madoff Ponzi scheme was the wake-up call, of course. But there were a number of other suspected frauds, like the Galleon fraud and others that, even if they were not strictly related to... Read more...

It's been a year since the Bernard Madoff Ponzi scheme scandal burst into the news, and the mastermind is in jail. A few accomplices have plead guilty, but we have yet to see a feeder fund, which... Read more...

Bernard Madoff has been quoted as saying he was constantly afraid that the SEC was on to him, but it turns out he had little to fear. It's been clear for a while that the SEC was seriously deficient,... Read more...

How tough it is at the Butner federal correctional institute? After a heated argument over the "state of the markets" with a fellow inmate, tempers flared. The guy shoved the Ponzi scheme genius, who... Read more...

They should have known about. That pretty much sums up the attitude of Madoff estate trustee Irving Picard, who has decided to go after Madoff family members in his hunt for assets. The New York... Read more...

Michael Moore's Capitalism: A Love Story is out, and seems to be getting decent reviews. One person who hasn't seen it yet is Bernard Madoff, who of course is serving a 150 year prison term in North... Read more...

Lindy Boville, an ex-trader for RBC Capital, has accused her of one-time employer of, firing her because she dated a hedge fund manager. Boville's former beau was later accused of running a Ponzi... Read more...

We're seeing some interesting developments in the on-going Bernard Madoff Ponzi scheme investigation. Madoff himself has injected himself into the mess, by giving an interview to a lawyer in a deal... Read more...

You may recall Joseph Cotchett as the lawyer who earned himself a sit-down interview with Bernie Madoff by suggesting to the Ponzi scheme master that he would drop his wife Ruth from his civil suits.... Read more...