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Latest News on Bernard Madoff
Showing of 0 - 10 from 4 results
Bernard Madoff - Total results - 4
Jan 08, 2014
JPMorgan settles Madoff's massive Ponzi scheme claims for $1.7 bnJPMorgan Chase & Co, already beset by other costly legal woes, will pay over $2 billion for ignoring obvious warning signs of Bernard Madoff's massive Ponzi scheme, authorities said today.
Sep 20, 2012
Madoff victims to get $2.48 billion payoutVictims of Bernard Madoff's fraud will soon receive $2.48 billion to help cover their losses, more than tripling their total recovery to about $3.63 billion, the trustee liquidating the imprisoned swindler's firm said.
Dec 06, 2011
Insider trading: Rajaratnam begins 11-year sentenceThe central figure in a broad government crackdown on insider trading, Rajaratnam was convicted by a jury in May of running a network of friends and associates who leaked corporate secrets to him for years.
Oct 14, 2011
Does Rajaratnam deserve 11 years for a 'victimless crime?'Nick Leeson stayed less then 3 years in prison for bringing down Barings. Mike Milken spent only 22 months in jail. Does Rajaratnam deserve 11 years?