With the world in the midst of a serious economic crisis the news that long time Wall Street fixture, and former head of the NASDAQ, Bernie Madoff had scammed investors our of more than $50 billion in an elaborate...
created by Tina Kells | 46 wks ago | updated 46 wks ago 174 views | 0 recommendations | 0 comments
By now the multi-billion dollar Bernie Madoff Ponzi scheme fraud is old news but the potential damage to the victims of the scam is just starting to come to light. It seems that an obscure New York State Law could see some Madoff investors having to return all monies...
created by Tina Kells | 48 wks ago | updated 48 wks ago 1084 views | 7 recommendations | 2 comments
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...
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...
opinion by RoryKearney | 50 wks ago | updated 49 wks ago 6440 views | 0 recommendations | 9 comments
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...
created by Jordan Yerman | 50 wks ago | updated 47 wks ago 1143 views | 13 recommendations | 8 comments
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...
created by Sanjay Jha | 50 wks ago | updated 50 wks ago 198 views | 14 recommendations | 3 comments