NYC fraud trial to begin for 5 ex-Madoff employees

Jury selection begins tomorrow in the New York fraud trial of five former employees of imprisoned Wall Street financier Bernard Madoff.

‘Ponzi king’ Bernie Madoff takes responsibility for son’s suicide

Bernie Madoff is the American investor accused of ruining countless lives through his bogus pyramid scheme.

FBI arrests brother of Madoff over Ponzi scheme link

Peter Madoff, 66, was taken into custody at his lawyer`s Manhattan office this morning, according to FBI spokesman J Peter Donald.

Ponzi scam: Allen Stanford jailed for 110 years

Texan financier Allen Stanford has been sentenced to 110 years in prison for orchestrating a USD 7 billion Ponzi scheme.

Madoff’s son found dead in NYC in apparent suicide

Eldest son of Bernard Madoff hanged himself by a dog leash in his apartment.

Insufficient evidence to prosecute Madoff British arm: SFO

Britain`s Serious Fraud Office (SFO) said today it had insufficient evidence to justify legal action against the British arm of Wall Street conman Bernard Madoff`s investment scheme.

Had `too much credibility` with SEC: Madoff

As Bernard Madoff sat in jail a few months after pleading guilty to fraud, he sounded faintly boastful.

Madoff accountant to enter plea: Prosecutors

Disgraced financier Bernard Madoff`s longtime auditor is expected to plead guilty next week in a cooperation deal, federal prosecutors told a judge on Friday.

Madoff trustee sues Madoff family for almost $200 mn

Bernard Madoff`s brother, sons and a niece used the family finance business like a "piggy bank," a court-appointed trustee says.

Madoff victims to sue PwC for billions of pounds: Report

PricewaterhouseCoopers, is being sued for billions of pounds over its role as an auditor to one of the feeder funds that channelled huge amount of money to Bernard Madoff, the man behind the largest fraud in history, report says.