The term “Ponzi scheme” was all over the news in the early 2000s—on morning talk shows and printed in all the papers—and the term has resurfaced again nearly 15 years later. This is thanks ...

That same year, the Department of Justice announced that the Madoff Victim Fund (MVF) began its eighth distribution of approximately $372 million in funds forfeited to the U.S. government.

Among Madoff's victims were scores of celebrities. Notably, actor Kevin Bacon and his wife, Emmy-award winner Kyra Sedgwick, lost millions with Bernie Madoff's wealth management firm. But you don ...

He had no values," said former investor Tom Fitzmaurice at Madoff's sentencing, per AP News. "He cheated his victims out of their ... over when he only had $300 million left of investor money ...

With the $18.5 million price tag, Benenson was hoping just to break even on the sale if he was able to score a buyer. This marks the third time since the late Madoff’s arrest on Dec. 11 ...

Madoff had been sentenced to 150 years in jail for his deeds, which included victims such as actors Kevin Bacon, Kyra Sedgwick and John Malkovich, baseball Hall of Fame pitcher Sandy Koufax ...

Russell then reviewed “Madoff: The Monster of Wall Street,” a new Netflix docuseries that delves into Bernie Madoff’s criminal enterprise. He says it is one of the scariest series he has ...