A "big Ponzi" scheme and several other investment scams similar to the fraud allegedly committed by US financier Bernard Madoff are under investigation in Britain Richard Alderman the director of the Serious Fraud Office said.
NEW YORK, Jan. 24 (UPI) -- A lawyer says the two sons of disgraced U.S. financial investor Bernard Madoff had no knowledge of their father's allegedly fraudulent dealings.
NEW YORK, Dec. 23 (UPI) -- An investor who put at least $1.4 billion in the hands of alleged Ponzi scheme operator Bernard Madoff appears to have committed suicide Tuesday, police say.
NEW YORK, Dec. 17 (UPI) -- The New York financier accused of perpetrating an alleged $50 billion fraud was ordered by a judge Wednesday to be detained in his Manhattan apartment.