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Madoff Aide Reveals Details of Ponzi Scheme

Aug. 11, 2009
Frank DiPascali, a longtime employee of Bernard L. Madoff, pleaded guilty to his role in the Ponzi scheme.
Related Stories from UPI.com

Madoff aide: 'It was all fake'

NEW YORK, Aug. 11 (UPI) -- A former aide for imprisoned financial guru Bernard Madoff pleaded guilty to fraud in New York Tuesday and gave details on Madoff's $65 million Ponzi scheme.
Madoff confidante to plead guilty

Madoff confidante to plead guilty

NEW YORK, Aug. 8 (UPI) -- Bernard Madoff's longtime associate Frank DiPascali will plead guilty to fraud charges, court documents indicate.

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.
Victims to push for Madoff's bankruptcy

Victims to push for Madoff's bankruptcy

NEW YORK, April 14 (UPI) -- Attorneys for victims of Bernard Madoff's multibillion-dollar Ponzi scheme filed a lawsuit to force Madoff into bankruptcy, court records show.
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 associate probed 17 years ago

NEW YORK, Jan. 17 (UPI) -- U.S. securities regulators investigated whether an associate of Bernard Madoff was running a Ponzi scheme 17 years ago, The New York Times reported Saturday.

Austria takes over bank in Madoff case

VIENNA, Jan. 2 (UPI) -- Austria's government says it has taken over a bank that reportedly invested $2.1 billion in American Bernard Madoff's allegedly fraudulent securities firm.

Madoff associate found dead

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.

Madoff scandal touched all segments

NEW YORK, Dec. 18 (UPI) -- The Madoff scandal, an alleged Ponzi scheme, touched nearly every segment of New York's real estate world, industry executives say.
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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