Ponzi schemer Bernard Madoff sentenced to 150 years in prison in New York
Randy Credico stands outside of Federal Court as he calls for clemency for Bernie Madoff as Madoff is sentenced to 150 years on June 29, 2009 in New York City. Madoff pleaded guilty to masterminded the biggest Ponzi scheme ever which involved $65 billion. (UPI Photo/Monika Graff)
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WASHINGTON, Dec. 16 (UPI) -- The U.S. Justice Department said prosecution of financial crimes dropped sharply in the past year, despite headlines centered on massive fraud cases.
BUTNER, N.C., Dec. 11 (UPI) -- Bernard Madoff, perpetrator of the biggest securities fraud in U.S. history, is adjusting to life as Inmate 61727-054 in a federal prison in North Carolina, his lawyer says.
WASHINGTON, Dec. 10 (UPI) -- Victims of Bernard Madoff's massive Ponzi scheme pleaded for help in Washington, nearly a year to the day when the New York trader was arrested.
NEW YORK, Dec. 2 (UPI) -- A Boston philanthropist in frail health is one of the largest beneficiaries of Bernard Madoff's fraud, papers filed by court trustee Irving Picard said.
SAN ANTONIO, Dec. 1 (UPI) -- A former investor in Texas received a total of 40 years in prison for swindling clients, but his lawyer said he is not similar to Bernard Madoff.
NEW YORK, Nov. 15 (UPI) -- Bernard Madoff's name gave extra value to his onetime possessions Saturday as they were auctioned for more than $1 million in New York.
NEW YORK, Nov. 13 (UPI) -- Two former computer programmers for Bernard Madoff's New York investment company were charged Friday with helping cover up his Ponzi scheme.
NEW YORK, Nov. 10 (UPI) -- The death of Jeffrey Picower, an investor with disgraced financier Bernard Madoff, may mean several billion more dollars for Madoff's victims, attorneys say.
ORLANDO, Fla., Nov. 1 (UPI) -- Victims of jailed U.S. financier Bernard Madoff say they're upset at organizers of "Madoff auctions" who claim to be selling victims' items.
NEW YORK, Oct. 31 (UPI) -- Jailed former financier Bernard Madoff says lack of basic investigatory moves by the U.S. Securities Exchange Commission allowed his Ponzi scheme to flourish.
