Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The Justice Department has doled out more than $370 million to victims of infamous Ponzi schemer Bernie Madoff — bringing the total compensation paid out to former clients to more than $4 billion.

Bernard Madoff, the disgraced New York billionaire behind one of the largest Ponzi schemes in history, should die in prison despite pleas from the octogenarian's lawyers that he should be allowed to ...

Epic Ponzi scheme mastermind Bernard Madoff is dead. But the effort to untangle his web of deceit lives on. More than 12 years after Madoff confessed to running one of the biggest financial fraud in ...

NEW YORK (Reuters) - Overseers of two programs to compensate victims of Bernard Madoff's Ponzi scheme have announced $679 million of new payouts, ahead of Friday's 12th anniversary of the ...

The Justice Department announced Thursday that additional funds totaling more than $568 million have been distributed to nearly 31,000 victims of the Bernard L. Madoff Investment Securities LLC (BLMIS ...

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 ...

Madoff aide's lawyer says working for a psychopath blurs sense of right, wrong. Feb. 10, 2014 -- Bernard Madoff: psychopath? That's one of the questions expected to be asked this week in a Manhattan ...

NEW YORK -- Epic Ponzi scheme mastermind Bernard Madoff is dead. But the effort to untangle his web of deceit lives on. More than 12 years after Madoff confessed to running one of the biggest ...

Ruth Madoff married Bernie Madoff when she was 18 and claimed to be shocked when he was arrested for fraud in 2008 ...

The well-respected fund manager appears to have committed suicide. Dec. 23, 2008— -- Thierry Magon de La Villehuchet, a well-respected French investment fund manager who put at least $1.4 billion ...

Bernard Madoff should not be released early from his 150-year prison sentence, even though he has terminal kidney failure, federal prosecutors said Wednesday. The 81-year-old Madoff, who orchestrated ...