More funds recovered for victims of Bernie Madoff Friday, December 9 by ABC News(NEW YORK) -- The trustee for the liquidation of Bernie Madoff’s defunct and fraudulent investment firm announced on Friday a new distribution of recovered funds to swindled customers.This is the 14th distribution to victims of Madoff’s Ponzi scheme and brings the total amount restored... Read More.
Bernie Madoff, who ran the world’s largest Ponzi scheme, is dead Wednesday, April 14 by ABC News(NEW YORK) -- Bernie Madoff, the disgraced former financier who ran the largest Ponzi scheme in history, has died, sources confirmed to ABC News.Madoff earned global notoriety by defrauding thousands of investors, to the tune of nearly $65 billion, using a Ponzi scheme that... Read More.