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While Bernard Madoff’s scheme was more grand in scale, Stanford’s multi-billion dollar scheme seems to be getting strange…
In 2003, R. Allen Stanford and the chief supervisor at the bank in Antigua made a blood oath in a strange “brotherhood ceremony.” Stanford’s chief financial officer, James …

Bernard Madoff got exactly what he deserved when the judge in his case sentenced him to 150 years maximum today.
However, some will also say that he was the fall guy for a scheme that included his closest associated and family. Ruth Madoff, Bernard’s wife, will …

How long should Bernard Madoff spend in jail?

Question:
Bernard Madoff’s attorney just sent a letter to the judge in the case who will be sentencing Madoff asking that he receive 12 years in prison because his life expectancy is only 13 years.
How long do you …

Some feared that the money recovered from Bernard Madoff’s “fortune” would go to the U.S. Treasury, but today it was announced that those jilted investors would be getting the money.
The SEC along with federal prosecutors filed papers separately with a federal judge to ask for …

$75 million of Bernard Madoff’s stolen fortune was found in Gibraltar. This brings the total to just over a billion dollars, a far cry for the $65 billion he swindled from investors.
Bernard Madoff has been sitting in jail for about two weeks after pleading guilty …