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.

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

The Madoff scandal has made headlines for years, but there's still a lot that people don't know about the biggest Ponzi scheme in history.

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 ...

Bernard Madoff, mastermind of perhaps the greatest Ponzi scheme in history, has told The New York Times that the banks and funds he dealt with as he got away with billions of dollars that he was ...

Victims of Ponzi scammer Bernard Madoff are frustrated thattheir claims against Madoff are taking so long to be processed.

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.

Convicted Ponzi scheme mastermind Bernard Madoff sought compassionate release from his 150-year prison term, saying he has terminal kidney failure.

Madoff was arrested Dec. 11%2C 2008%2C setting off investigations revealing a %2417.3 billion fraud Former finance chief Frank DiPascali testified computer records were falsified to deceive ...

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." The film chronicles the real-life ...

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 ...

CNN Editorial Research (CNN) — Here’s a look at the life of Bernard Madoff, who was convicted of running a multi-billion dollar Ponzi scheme. Personal Birth date: April 29, 1938 Death date ...