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Madoff sentenced to 150 years for swindle

Jun. 29, 2009
Two weeks after Norma Hill and her husband invested their life savings with Bernard Madoff, she came to the then-trusted money manager with news that her spouse had suddenly died. Madoff "put his arm around my shoulder and assured me my money was safe and I...
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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.
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.

Trustee in hunt for Madoff money

NEW YORK, April 29 (UPI) -- The trustee in charge of the remains of admitted swindler Bernard Madoff's financial empire has located almost $7 million in a New York bank.
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.

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.

Author Penney slams Madoff for losses

NEW YORK, Jan. 11 (UPI) -- Author Alexandra Penney says U.S. investment adviser Bernard Madoff should be in prison for allegedly conducting a scheme that took all of her life savings.

Madoff faces possible life sentence

NEW YORK, Dec. 31 (UPI) -- Cooperating with authorities could keep New York trader Bernard Madoff from dying in prison if he is convicted in a massive fraud case, an attorney said.

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.
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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