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Lawyers: Associate's Death Complicates Madoff Case

Oct. 26, 2009
The death of Jeffry Picower, accused of profiting more than $7 billion from the investment schemes of his longtime friend Bernard Madoff, will make it more difficult for suing investors to recoup their money, attorneys said. The 67-year-old's body was discovered at the bottom of the pool at his...
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Cocaine allegations leveled at Madoff

Cocaine allegations leveled at Madoff

NEW YORK, Oct. 21 (UPI) -- A lawsuit filed by a former employee of Bernard Madoff's New York investment firm alleges rampant cocaine use and a rowdy party corporate culture.

SEC blew early chances to catch Madoff

WASHINGTON, Sept. 2 (UPI) -- The U.S. Securities and Exchange Commission failed to follow up on significant warnings concerning Ponzi scheme operator Bernard Madoff, a case audit said.

Madoff's wife gets passport back

NEW YORK, July 8 (UPI) -- The wife of convicted Wall Street financier Bernard Madoff is no longer without a passport, her attorney says.
Trustees: Madoffs spent investors' money

Trustees: Madoffs spent investors' money

NEW YORK, May 7 (UPI) -- The family of Ponzi scheme conman Bernard Madoff used corporate cash for designer clothes and ski vacations, a filing in bankruptcy court in New York 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.
Lawsuit targets Madoff's kid brother

Lawsuit targets Madoff's kid brother

NEW YORK, March 26 (UPI) -- A New York man says he is suing Bernard Madoff's brother for money lost in the financier's massive Ponzi scheme.

Madoff closer to a plea bargain

NEW YORK, March 6 (UPI) -- Accused New York trader Bernard Madoff waived his right to a grand jury proceeding Friday, paving the path for a possible plea bargain, court records show.
Madoff attempts to sequester wife's assets

Madoff attempts to sequester wife's assets

NEW YORK, March 3 (UPI) -- Defense lawyers for accused trader Bernard Madoff said assets belonging to the New York trader's wife are not related to Madoff's alleged fraud.

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.
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch