Bernard Madoff News on Daylife

Scam of the Month: Ponzi scheme thrives on victim's greed

Mon, 14 Dec 2009 09:30:35 GMT

The Ponzi scheme seems to be a prevalent scam. in 1934. His investors lost everything. Losses are not confined to the wealthy, as in the recent and highly publicized Bernard Madoff episode.
Source: Monterey County Herald

Stanley Chais under criminal investigation for Madoff ties

Mon, 14 Dec 2009 00:05:09 GMT

Stanley Chais, a money manager who funneled millions of dollars toward Bernard L. Madoff, is now the subject of a criminal investigation.
Source: Muckety.com

2 groups become allies

Sun, 13 Dec 2009 11:36:55 GMT

while most big nonprofits are likely to outlast the grim economy, smaller organizations now have to create new operational models to weather the increasingly tough fundraising environment.
Source: Crain's New York

Madoff's deception hurt many charities

Sun, 13 Dec 2009 08:53:06 GMT

NEW YORK Nancy Falchuk will never forget the phone call. She was in Boston, it was raining and the news was bad.
Source: The Tennessean

Ponzi big: I'm guilty

Sat, 12 Dec 2009 09:21:14 GMT

A crooked hedge-fund manager whose Ponzi scheme collapsed when his investors got spooked by the Bernard Madoff fraud pleaded guilty yesterday -- on the first anniversary of Madoff's arrest.
Source: New York Post

Feds reveal criminal inquiry into Madoff partner

Sat, 12 Dec 2009 08:56:27 GMT

Federal prosecutors in Manhattan say there is a criminal investigation under way of a prominent California investment manager who did business with Bernard Madoff.
Source: TheNewsTribune.com

Bilked charities struggle to survive

Sat, 12 Dec 2009 08:03:25 GMT

NEW YORK — Nancy Falchuk will never forget the phone call. She was in Boston, it was raining and the news was bad.
Source: Cape Cod Online

Charities lingering victims of fraud

Sat, 12 Dec 2009 07:31:45 GMT

NEW YORK — Nancy Falchuk will never forget the phone call. She was in Boston, it was raining and the news was bad.
Source: The Clarion-Ledger

Quoted in '2009 ABA Blawg list posted'

Tue, 01 Dec 2009 14:04:04 GMT

said in Slaw:

Two former employees for Bernard Madoff programmed an old IBM computer to generate false records that concealed the crooked financier's massive Ponzi scheme and were given hush money when they threatened to stop lying, federal prosecutors said Friday.

Quoted in 'READ EXCERPT: 'The Madoff Chronicles''

Tue, 29 Sep 2009 10:26:47 GMT

Bernard Madoff said in ABC News:

I'm in the FBI office and I'm handcuffed to a chair

Photo from AP Photo

Mon, 29 Jun 2009 20:19:31 GMT

FILE - In this March 12, 2009 file photo, Bernard Madoff arrives at Manhattan federal court in New York. Some victims were expected to call for harsh punishment at the disgraced financier's sentencing Monday, June 29, 2009 in federal court in Manhattan.

Photo from AP Photo

Mon, 29 Jun 2009 20:19:28 GMT

Bernard Madoff $50bn Ponzi Scheme - How Did He Do It?

Tue, 17 Feb 2009 14:49:11 GMT