The Search for Madoff’s Friends
March 13th, 2009 • No Comments
Madoff being finally behind bars awaiting sentencing, investigators have turned much of their efforts to wrapping up the loose ends — identifying those who could have been involved in the $70 billion Ponzi scheme. Continue reading ‘The Search for Madoff’s Friends.’
With A Little Help From My Friends
March 11th, 2009 • No Comments
Association can be a wonderful thing, as is demonstrated by France finally breaking 43 years of ‘independence’ in times to trouble to realign with NATO; the company you keep, however, can also have detrimental repercussions as demonstrated by Africa’s growing financial worries. Continue reading ‘With A Little Help From My Friends.’
SEC Charges Adviser with ‘Client Creation’
March 11th, 2009 • No Comments
The Securities and Exchange Commission announced Monday a money manager and investment adviser in with offices in New York and Rhode Island will be charged with financial fraud — saying that she manipulated records and claims to ‘create’ a fake client with a billion dollar portfolio; aiming to attract legitimate investors and build credibility. Continue reading ‘SEC Charges Adviser with ‘Client Creation’.’
Madoff Pleads Guilty to Financial Fraud
March 11th, 2009 • No Comments
Bernard Madoff, 70, infamous fraudulent Wall Street fund manager and NASDAQ chairman, announced the intent to plead guilty to all eleven counts of felony financial fraud in Thursday’s court hearing. Continue reading ‘Madoff Pleads Guilty to Financial Fraud.’
