December 10, 2008 - Bernard Madoff allegedly confesses to employees of his company that the asset management portion of his firm is actually a large Ponzi scheme. Madoff says the business had lost ...

Fifteen years after Bernie Madoff was sentenced to prison for running the largest known Ponzi scheme in history, a fund ...

U.S. Justice Department announced Monday that it was making a final distribution of over $131.4 million from the Madoff ...

The Madoff Victim Fund was established to recover money for those who invested indirectly with Madoff through entities ...

"Madoff orchestrated his colossal $20 billion fraud over many years until his arrest in 2008. The scheme, which had run ...

The U.S. government has finalized $4.3 billion in compensation to victims of Bernard Madoff's Ponzi scheme, concluding with a $131.4 million payout to 23,408 claimants. This marks the end of all ...

1960 – Bernard L. Madoff Investment Securities ... December 11, 2008 – Madoff is arrested on one count of securities fraud for allegedly operating a multibillion-dollar Ponzi scheme from ...

The funds were forfeited by the U.S. government in connection with the Bernard L. Madoff Investment Securities LLC (BLMIS) fraud scheme. Noting that most of the victims were small investors who ...