Highlights
Bernard Madoff's family turned him in to authorities in December, blowing the whistle on what authorities said he described as a "giant Ponzi scheme."
Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.
The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.
He is free on bail but must stay at his Upper East Side apartment.
Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.
The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.
He is free on bail but must stay at his Upper East Side apartment.
Bernard Madoff's family turned him in to authorities in December, blowing the whistle on what authorities said he described as a "giant Ponzi scheme."
Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.
The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.
He is free on bail but must stay at his Upper East Side apartment.
Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.
The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.
He is free on bail but must stay at his Upper East Side apartment.
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Review: 'A Disposition to Be Rich' relates a Wall Street con
A Disposition to Be Rich How a Small-Town Pastor's Son Ruined an American President, Brought on a Wall Street Crash, and Made Himself the Best-Hated Man in the United States Geoffrey C. Ward Alfred A. Knopf: 415 pp., $28.95. In 1863, the young...
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Facebook IPO a juicy opportunity for S. Florida fraudsters, authorities say
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Madoff's family, daughters-in-law sued for $255.3 million
The trustee representing victims of Bernard Madoff’s Ponzi scheme is now seeking $255.3 million from the investment advisor’s family. Irving H. Picard is expanding an existing lawsuit to also include three of Madoff’s sons' spouses. The...
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The Interview John Hauserman, Certified Financial Planner board ambassador
Financial advisers often have an alphabet of professional designations behind their names, but the dominant one remains "CFP," or certified financial planner.
The CFP Board, which sets the national standards for financial planners, has announced in the...Tags: Goldman Sachs, Bankruptcy, Standards, Real Estate Sellers, Religion and Belief
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Letters: Metta World Peace elbows his way into the headlines
Metta World Peace? How about Metta World War III? Pat Mauer Pasadena :: I guess all of Metta World Peace's previous suspensions were all part of being celebratory also. He obviously wanted to celebrate with the fans in Detroit. Jeff White...
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We're turning America into a giant casino
Anyone who says you can get rich through gambling is a fool or a knave. Multiply the size of the prize by your chance of winning it and you'll always get a number far lower than what you put into the pot. The only sure winners are the organizers -- casino...
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TV review: 'Don't Trust The B---- In Apartment 23' just yet
RedEyeYou may not want to wait to see James Van Der Beek in ABC's new comedy "Don't Trust The B---- In Apartment 23," but don't let the inconsistent premiere turn you away. The former "Dawson's Creek" hunk provides much of the charm and limited punch lines...Tags: Krysten Ritter, Matt LeBlanc, James van der Beek, Curb Your Enthusiasm (tv program), 2 Broke Girls (tv program)
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'Unraveled' offers candid profile of high-flying con man
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Writer Releases Tape of Mel Gibson's Profanity-Laced Rant (Graphic Content)
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Boynton man among those arrested in 'mini-Madoff' scheme
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Apr 25, 2012
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