The US Attorney's Office for the Southern District of New York entered into a deferred prosecution agreement with JP Morgan Chase & Co. on Tuesday, which stipulates the bank will pay $1.7 billion...
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A judge for the US Bankruptcy Court for the Southern District of New York ruled Tuesday that victims of the Bernie Madoff Ponzi scheme can only recover the principal amount invested without...
Federal appeals court rejects Madoff victims' suit against SEC
The US Court of Appeals for the Second Circuit on Wednesday affirmed the dismissal of a suit by victims of the Bernie Madoff Ponzi scheme against the US Securities and Exchange Commission...
Afghanistan tribunal sentences perpetrators of Kabul Bank fraud
A special court in Afghanistan on Tuesday sentenced 20 men to four to five years in prison for their involvement in the USD $935 million fraud that led to the 2010 collapse of Kabul Bank. Founder and former chairman...
Federal appeals court affirms dismissal of Madoff victim lawsuit against SEC
The US Court of Appeals for the Ninth Circuit on Monday refused to reinstate a lawsuit against the US Securities and Exchange Commission (SEC) by investment fraud victims of disgraced financier Bernard Madoff...
Madoff brother sentenced to 10 years for role in Ponzi scheme
Peter Madoff , brother of disgraced financier Bernard Madoff was sentenced Thursday to 10 years in prison for his role in Bernard Madoff's multibillion dollar Ponzi scheme. He pleaded guilty to...
Irwin Lipkin, a former controller of Bernard L. Madoff Investment Securities LLC, (BLMIS) pleaded guilty in a Manhattan federal court Thursday to falsifying records. The full range of charges to which Lipkin has pleaded guilty...
Madoff trustee asks court to release over $2.5 billion for victims
Madoff trustee Irving Picard has asked a bankruptcy court to approve the release of between $2.5 and $3.5 billion in recovered assets so that it can be distributed to victims of the Bernard Madoff Ponzi scheme....
Madoff brother pleads guilty in connection with Ponzi scheme
Peter Madoff , brother of disgraced financier Bernard Madoff pleaded guilty Friday on charges connected with Bernard Madoff's multibillion dollar Ponzi scheme. He agreed to serve 10 years in prison and give up...
A New York judge on Friday approved a $410 million settlement agreement between hedge fund manager Ezra Merkin and the state of New York in a lawsuit connected with the Bernard Madoff Ponzi scheme ....
