Britain’s Role in Madoff Fraud Significant

March 30th, 2009 • No Comments

Regulators in England said that Bernard Madoff Investment Securities’ office in London, England may have played the largest part in orchestrating the Ponzi scheme which has ridiculed and hurt hundreds of investors. Continue reading ‘Britain’s Role in Madoff Fraud Significant.’

The Unspoken Ponzi Price Tag

March 21st, 2009 • No Comments

The Securities and Exchange Commission has, since the Madoff scandal, released the names of dozens of smaller Ponzi schemes as they filed complaints, but a key regulator says there are “hundreds more” under investigation. Continue reading ‘The Unspoken Ponzi Price Tag.’

Madoff’s Accountant Charged With Fraud

March 18th, 2009 • No Comments

David Friehling, 49, twenty year-accountant for the now-infamous Ponzi scheme extraordinaire Bernard Madoff, was charged Wednesday after prosecutors in the case worked on increasing the scope of their investigation. Continue reading ‘Madoff’s Accountant Charged With Fraud.’

Federal Prosecutors Seek Asset Freeze for Ruth Madoff

March 15th, 2009 • No Comments

Investigators in the Madoff case spoke anonymously to the New York Post Sunday, saying that they would be seeking to freeze the assets of Bernard Madoff’s wife, Ruth, who filed a motion at the beginning of the month to keep, specifically, their $7 million penthouse and $62 million in other assets. Continue reading ‘Federal Prosecutors Seek Asset Freeze for Ruth Madoff.’