Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Top News

150 Years Of Solitude: "Daily Show" Celebrates Madoff Verdict (VIDEO)

Jun. 30, 2009
Bernie Madoff, a man who swindled thousands of innocent people out of their life savings, was sentenced to 150 years in prison yesterday for what the judge called "extraordinarily evil." Jon Stewart took this opportunity to weep for Ruth Madoff, who will now have to give up her mansion...
Related Stories from UPI.com
Madoff given 150-year prison term

Madoff given 150-year prison term

NEW YORK, June 29 (UPI) -- U.S. District Judge Denny Chin in New York sided with victims Monday, sentencing convicted Ponzi scheme operator Bernard Madoff to 150 years in prison.
Madoff's lawyer asks for 12-year sentence

Madoff's lawyer asks for 12-year sentence

NEW YORK, June 23 (UPI) -- A lawyer for New York investor Bernard Madoff has requested a sentence of 12 years, for 11 fraud-related counts that lost investors an estimated $65 billion.

Old soldier's suicide followed Madoff loss

SOUTHAMPTON, England, June 12 (UPI) -- A British soldier who had been an adviser in Oman and the Balkans took his own life because he lost his savings to Bernard Madoff, a coroner has concluded.

Most needy Madoff victims to get payout

NEW YORK, May 9 (UPI) -- The most needy victims of Bernie Madoff's Ponzi scheme could be eligible for a quick $500,000 payout, officials said.

Madoff's brother awarded $10G a month

NEW YORK, April 4 (UPI) -- Peter Madoff, brother of convicted Wall Street executive Bernard Madoff, can use $10,000 a month in frozen funds for living expenses, a New York judge says.

Lawsuit: Madoff stole $20k trust fund gift

NEW YORK, March 27 (UPI) -- Jailed investor Bernie Madoff gave a $20,000 gift to the grandson of a close friend but later took $460,000 from the child's trust fund, court papers show.

Stung philanthropist never doubted Madoff

FORT LAUDERDALE, Fla., March 8 (UPI) -- High-profile Florida philanthropist Michael Bienes says he never suspected arrested investment guru Bernard Madoff of running an alleged scam.

Cancer patient at risk due to Madoff loss

NEW YORK, March 6 (UPI) -- A 52-year-old cancer patient says he lost his payment for a bone marrow donor search because of disgraced U.S. businessman Bernard Madoff.
Toy lets consumers 'smash' Madoff

Toy lets consumers 'smash' Madoff

NEW YORK, Feb. 17 (UPI) -- A toy that lets users trash the likeness of Ponzi scheme investment mastermind Bernard Madoff was unveiled this week at the New York Toy Fair.

Madoff to remain out on bail

NEW YORK, Jan. 12 (UPI) -- A federal judge said Monday that New York trader Bernard Madoff can remain confined to his Manhattan penthouse with an electronic monitor bracelet.
1 of 22
Memorial Day Ceremonies on the Intrepid Sea Air & Space Museum in New York
View Caption
American Military Service members and Veterans hold a 100 foot wide U.S. Flag for Memorial Day ceremonies at the Intrepid Sea Air & Space Museum in New York City on May 28, 2012. UPI/John Angelillo