Madoff victim fund swamped with claims
FORTUNE — The government fund created to compensate victims of fraudster Bernard Madoff’s massive Ponzi scheme has been deluged with claims exceeding $40 billion. Richard Breeden, the U.S. Department...
View ArticleMadoff’s former accountant admits to aiding massive fraud
A former accountant for convicted Ponzi-schemer Bernard Madoff, along with several of his wealthiest clients, pleaded guilty Tuesday to contributing to the financier’s massive fraud. Paul Konigsberg,...
View ArticleLast of 5 ex-Madoff aides to be sentenced gets 6-year prison term
JoAnn Crupi, a former portfolio manager under disgraced hedge fund manager Bernard Madoff, received a six-year prison sentence for her role in Madoff’s multi-billion dollar Ponzi scheme, according to...
View ArticleGunboat diplomacy and Apple earnings — 5 things to know today
Hello friends and Fortune readers. Wall Street stock futures are mixed Tuesday in the absence of major international news overnight. The dollar is also flat against the euro, with markets unimpressed...
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