Judge Approves Protection for the Ponzied

Just days after Bernard Madoff's Ponzi scheme was revealed, a federal judge approved an order which seeks to protect unsuspecting investors duped by the scheme.  "U.S. District Judge Louis L. Stanton ordered that clients of Bernard Madoff's private investment...

Mad Dog Madoff Steals 50 Billion, Gets Bail - Tip of the Iceberg

I hope they have round the clock guards watching him. What is to stop Madoff from bolting, offing himself, or somebody executing him to keep his mouth shut. I am hearing that this is just the tip of the iceberg. I hope they at least took away the yacht. My theory on "the...

Madoff: My Investment Company Is a Ponzi Scheme

Bernard Madoff, president of Bernard L. Madoff Investment Securities, has admitted that his entire company was a huge scam, basically a ponzi scheme (also known as a pyramid scheme). Madoff has been charged with...

Former Nasdaq Chairman Arrested on Fraud Charge

The founder of Bernard L Madoff Investment Securities and former former chairman of the Nasdaq stock market  Bernard Madoff has been arrested for fraud after allegedly admitting to running a $US50 billion...

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