It’s been more than 15 years since federal authorities put an end to Bernie Madoff’s massive and destructive Ponzi scheme but the Justice Department is only now distributing final compensation ...

Bernie Madoff orchestrated the largest Ponzi scheme in history, defrauding investors of around $64.8 billion over decades. , ...

Bacon told Esquire that he and his wife, Kyra Sedgwick, were "certainly angry" over the ordeal. The FBI called Madoff's operation "history's biggest Ponzi scheme." Actor Kevin Bacon says he isn't ...

The final distribution from a fund for victims of the fraudster Bernie Madoff began Monday, the Department of Justice said. When the last disbursement is completed, more than $4.3 billion will have ...

LUBBOCK, TX (KCBD) - NewsChannel 11 has learned that Texas Tech is the victim of a nationwide Ponzi scheme. You might recall New York Investment Manager Bernard Madoff is now serving prison time after ...

Irving Picard, a lawyer leading the liquidation the collapsed investment firm, says lawsuits and forensic accounting have gotten back almost 70... A Decade After Madoff Ponzi Scheme Failed, Money Is ...

Madoff aide's lawyer says working for a psychopath blurs sense of right, wrong. Feb. 10, 2014 -- Bernard Madoff: psychopath? That's one of the questions expected to be asked this week in a Manhattan ...

The well-respected fund manager appears to have committed suicide. Dec. 23, 2008— -- Thierry Magon de La Villehuchet, a well-respected French investment fund manager who put at least $1.4 billion ...

Technology bubbles have often concealed major frauds. From the railway boom to the Madoff affair, are there warning signs at ...

Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

Kevin Bacon says he’s “not jaded” after losing a significant amount of money in Bernie Madoff’s 2008 Ponzi scheme. “There’s not that much to say, really. If it seems too good to be true, then it’s too ...

Actor Kevin Bacon says he isn't jaded after losing money in former financier Bernie Madoff's Ponzi scheme, but it still stings all these years later. Bacon discussed the incident during a recent ...