Defending a European asset management company against claims in New York to recover redemption payments made by the liquidators of a BVI - based fund connected with
the Madoff Ponzi scheme.
Represented multiple financial institution parties in relation to their multibillion - pound losses, and claims against them in multiple jurisdictions, arising from
the Madoff Ponzi scheme.
The SEC failed to respond to repeated warnings about
the Madoff Ponzi scheme, resulting in $ 65 billion in losses to investors.
The most recent, high - visibility version of this would be the Bernie
Madoff Ponzi scheme, which was supposed to pay back great returns for investors, but ended up wiping out significant sums of money from many prominent (and a much larger number of not - so - prominent) people.
Over two dozen people that survived losing a lot of their money in
the Madoff Ponzi scheme wrote down their stories.
Like swaps and derivatives, this will make the hedge funds more transparent and help prevent fraud such as
the Madoff Ponzi scheme.
Prior to Spitzer's tenure, it was mostly used for smaller financial violations, such as «shady pharmacists, Ponzi schemes, and peddlers of fraudulent Salvador Dali lithographs,» according to a 2004 article in Legal Affairs by Nicholas Thompson, published prior to the revelation of the Bernie
Madoff Ponzi scheme, for which Andrew Cuomo used the Martin Act when he was attorney general.
The owners of the New York Mets are due to make a $ 16 million payment related to their involvement in the Bernie
Madoff Ponzi scheme mess.
In 2014, the Justice Department charged JPMorgan Chase with two felony counts in connection with their role in facilitating
the Madoff Ponzi scheme.
In light of the losses suffered by investors in the recently publicized
Madoff Ponzi scheme, many investors are concerned about the safety of their own investment accounts.
Not exact matches
Bitconnect had recently been accused of running a
Ponzi scheme — the financial fraud most famously perpetrated by Bernie
Madoff — by several influential investors, including Ethereum co-founder Vitalik Buterin and billionaire cryptocurrency investor Mike Novogratz.
New York fraudster Bernie
Madoff was the biggest
Ponzi scheme operator, cheating investors out of an estimated US$ 64.8 billion.
Ponzi schemes like Bernie
Madoff's aren't the only ones perpetuated by greed and stupidity.
Some think blockchains could put an end to fraudulent deals, such as the
Ponzi scheme that led to famed investor Bernie
Madoff's demise around 2009.
To make his case, Stewart examines four high - profile cases from the past decade — Martha Stewart and the insider trading of ImClone stock; Lewis (Scooter) Libby's role in outing CIA operative Valerie Plame; Barry Bonds's association with Balco; and the collapse of Bernard
Madoff's
Ponzi scheme.
The largest
Ponzi scheme to date was operated by Bernard
Madoff.
This new television movie tells the story of Bernie
Madoff's infamous
ponzi scheme.
That's why all the financial managers would love to do what Bernie
Madoff did and do a
Ponzi scheme, because it's really easier to do that than to actually make money by being productive.
Bernie
Madoff ran his
Ponzi scheme for thirty years before being shut down.
According to the list of account holders (and investor responses), Bernard
Madoff's
Ponzi scheme netted a fair share of sports figures
«Given the # 50m figure is a work of fiction, this is a political
Ponzi scheme with Dominic Cummings acting as Vote Leave's Bernie
Madoff.»
J.P. Morgan and Bernie
Madoff's associates In 2014, Bharara reached an agreement with JPMorgan Chase requiring the bank to pay $ 2.6 billion to resolve allegations that it turned a blind eye to Bernie
Madoff's
Ponzi scheme.
The Litwin charitable investments were nearly all managed by Bernard L.
Madoff and substantially lost in his
Ponzi scheme, which swallowed up many fortunes before being exposed in 2008.
More recently, news articles portrayed Bernard
Madoff as an «evil genius» because of his
Ponzi scheme that siphoned some $ 20 billion from investors.
The psychological origins of both Bernard
Madoff — scale
Ponzi schemes and the mundane dishonesties most of us partake in — filching office pens, padding expense reports or secretly toting a counterfeit designer purse — are the subject of Ariely's The (Honest) Truth about Dishonesty.
• «The Curious Case of Benjamin Button» screenwriter Eric Roth sues his investment manager for «losing a bundle» in businessman Bernie
Madoff's ill - fated
Ponzi scheme.
Chasing
Madoff DVD Review by Kam Williams DVD Chronicles Whistleblower's Effort to Expose
Madoff Ponzi Scheme By the time Bernie
Madoff was finally arrested in December of 2008, Harry Markopolos had already been trying to expose his investment firm as a billion - dollar
Ponzi scheme for years.
Since starting Magic Hour Entertainment, Orlando Wood has produced two documentary features - «One Big Lie» about Bernard
Madoff's massive
ponzi scheme and «The Revisionaries.»
Who needs The Wizard of Lies, a new made - for - TV drama about the wreckage left by Bernie
Madoff's devastating
Ponzi scheme?
Robert De Niro plays Bernie
Madoff in The Wizard of Lies, an HBO original feature about the superstar financier whose famed investment fund was a fraudulent
Ponzi scheme, with Michelle Pfeiffer and Hank Azaria (not rated).
He plays Bernie
Madoff, whom you may remember as that investment advisor who was arrested in 2008 for perpetrating one of the biggest
Ponzi schemes in history.
When Bernie
Madoff's
Ponzi scheme imploded, it sent ripples — all the way across the pond to brothers...
But after falling prey to a Bernie
Madoff - style
ponzi scheme, she's flat broke.
According to CNN.com, Mitchard has lost «all her money» in a
Ponzi scheme (she's not a victim of Bernard
Madoff but, rather, another alleged creep).
Ending the year on a final bad note, December 2008 brought us the
Madoff scandal, a
Ponzi scheme of such epic proportions, it made the original Charles
Ponzi look like a rank amateur.
It turns out, the investment that is most often preferred was a fund managed by Bernie
Madoff, who was arrested in 2008 for what would become history's largest
Ponzi scheme.
It's a sad fact that, as investors in Bernie
Madoff's
ponzi scheme found to their regret, that when the market tanks we discover who was swimming naked.
That puts our accounting on the level of
Madoff and other
Ponzi schemes.
The largest
Ponzi scheme ever was run by Bernie
Madoff's
scheme who stole $ 20 Billion dollars from more than 16,000 people including sophisticated investors and brokers.
«Specifically, [investors] should learn to recognize
Ponzi schemes, of both the Waserdorf and the Bernie
Madoff variety.
Consider the
Ponzi schemes that have come to light:
Madoff, Stanford (it seems), and a small number of smaller Ponzis.
Conversely, some of the greatest financial follies have also occurred in the hedge fund industry, whether it be the collapse of Long Term Capital Management or the
Ponzi -
scheme fallout of Bernie
Madoff's Ascot Partners.
Bernie
Madoff of the $ 50 billion
Ponzi scheme ought to qualify, as well as the hordes of Americans who have walked away from their houses when they turned out to be worth less than their mortgages.
After the
Madoff scandal, every
Ponzi scheme became national news.
The
Ponzi /
Madoff schemes were closed loops, so the only source of the so - called «interest» on the money was the contributions of future investors.
Bernard
Madoff's
Ponzi scheme has shown that choosing a lower interest rate prolongs the time the scam works.
It is how
Madoff types can build giant
Ponzi schemes and political tyrants disguise the bankruptcy of their policies.
Now imagine Bernie
Madoff uttering the same words in defense of his acrobatic
Ponzi schemes.
Much like Bernie
Madoff's
ponzi scheme, this
scheme, with its constant infusions of material that could be libel / slander against skeptic climate scientists, was also doomed to fail from the start, built on a foundation of sand about its core «evidence» that was pushed by a person who never won a Pulitzer, and whose narratives don't line up right.
Keeping the
Madoff assets cost the husband millions of dollars, however, when
Madoff was revealed to be running a massive
Ponzi scheme in late 2008.