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Madoff in Court to Learn His Fate

Jun. 29, 2009
Bernard L. Madoff, the author of a vast Ponzi scheme that defrauded thousands of investors, appeared in a courtroom in downtown Manhattan for sentencing.
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.

Ruth Madoff agrees to give up most assets

NEW YORK, June 27 (UPI) -- A federal judge in New York approved an agreement Friday that allows Ruth Madoff, wife of admitted swindler Bernard Madoff, to keep $2.5 million in assets.

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.
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