Former customers of the late Ponzi schemer Bernard Madoff will recoup $498.3 million under a settlement on Wednesday with the liquidators of two Luxembourg funds, boosting their recovery to about $15.

Kentucky investors sue three banks after Brian McClain's $100 million cattle Ponzi scheme was uncovered following his suicide, with only 10,000 of claimed 88,000 cattle found.

Money repaid slowly as investors' retirements stalled and homes in jeopardy. April 20, 2009— -- 8,500 victims of Bernard Madoff's self-confessed $65 billion Ponzi scheme have filed claims to ...

His name is synonymous with massive fraud. Now, a new podcast. "Easy Money: The Charles Ponzi Story," delves into how and why ...

The author states "This column will start from the premise that a true mega-crisis usually starts within a field thought to be safe, dull and conventional. Thus, in 2008, no one worried (at least, ...

Bernard Madoff's victims will soon receive another $372 million to help cover their losses, nearly 14 years after the swindler's capture for running a massive Ponzi scheme, the U.S. Department of ...

Bernard Madoff once had billions of dollars, but now he makes $40 a month doing menial prison labor. "I used to work as a clerk in the commissary, and now they have me taking care of the telephone ...

NEW YORK – Reviled Ponzi scheme mastermind Bernard Madoff on Wednesday sought compassionate release from his 150-year prison term, saying he has terminal kidney failure and less than 18 months ...

NEW YORK — Five years after Ponzi scheme mastermind Bernard Madoff's arrest, his claim that he alone was responsible for the more than $17.3 billion fraud is being demolished in the conspiracy ...

This week marks the fifth anniversary of the arrest of Bernard Madoff, mastermind of the most notorious Ponzi scheme in history. He was arrested on Dec. 11, 2008 for bilking thousands of investors ...

In 2017, the world was captivated by the story of disgraced financier Bernard Madoff, who was brought to life on television screens by HBO's "The Wizard of Lies." ...

Started his firm with $5,000 he saved from working as a lifeguard. Madoff served as NASDAQ’s chairman in 1990, 1991 and 1993. Had many high-profile victims, including director Steven Spielberg ...