Madoff investors to get over $1 billion in added recoveries
Jury says Ernst & Young liable for Madoff investor's losses
Michael Szafranski was the financial adviser to the scheme's mastermind, Scott Rothstein.
New York State Supreme Court Approves Tenth Interim Cash Distribution of $235 Million to Investors in Partial Madoff Feeder Funds Gabriel Capital, L.P. and Ariel Fund, Limited – Entities Formerly Managed by J. Ezra Merkin
It can't be confirmed, but word has it that the FBI is currently investigating about 500 alleged Ponzi schemes. Few of them will rival the mega-frauds of Bernie Madoff and Allen Stanford, but the cumulative effect is going to be far-reaching. And the proliferation of scams seems so pervasive that ...
This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The information contained here has been obtained from ...
David Kugel, who helped create fake securities trades as part of the $17.5 billion Ponzi scheme, received a lighter sentence after helping the prosecution.
The rash of Ponzi schemes involving RIAs, unregistered advisors and brokers raises many questions about regulators and advisors, and most of them are troubling. Why were so many regulators, not to mention supposedly sophisticated investors, asleep at the wheel before Madoff struck? Are some new ...
Transparency is essential if you want to keep your clients' trust.
Regulator bars owner of Total Wealth Management, Jacob Cooper, known as 'Main Street Madoff' by former clients, and holds him liable in case where losses are expected to total as much as $44 million.