Madoff strikes at the heart of New York Mets
Although a ruling limits the amount the team’s owners may have to pay, they still face claims of almost $400m in fallout from the Madoff Ponzi scheme
Madoff scandal
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Bernard Madoff, a former chairman of the Nasdaq stock market, has been sentenced to the maximum of 150 years in prison for running a $65bn “Ponzi scheme” with the judge referring to his “extraordinarily evil” crimes
Madoff’s brother sentenced to 10 years
Peter Madoff will serve 10 years in prison for his role in his older brother's multibillion-dollar Ponzi scheme, a US judge said on Thursday
BNY Mellon unit settles Madoff charges
Victims of Bernard Madoff’s Ponzi scheme are set to receive proceeds from a $210m settlement between Ivy Asset Management and US authorities, say US officials
Madoff victims to receive total $2.5bn
The trustee charged with recovering assets since Madoff confessed to running a Ponzi scheme, says 1,230 account holders were sent payments
Madoff clients in line for $1.5bn payout
The approval of a plan by the trustee overseeing the liquidation of the funds run as a Ponzi scheme will see customers receive their second payout
Peter Madoff pleads guilty to fraud
The brother of Bernard Madoff, founder of a multibillion-dollar Ponzi scheme, pleaded guilty to creating a false paper trail that mislead regulators
Related content and features
Interactive
Interactive timeline: The fall of Bernard Madoff
Financial Times has reconstructed the last year of his operation through interviews with dozens of his friends, colleagues and investors
Comment and analysis
The Madoff affair: Along for the ride?
The Madoff affair: As the official trustee tries to reunite investors with their cash, banks in America and Europe are accused of enabling the fraud
Madoff was Wall Street’s problem
Wall Street’s sins are less egregious than those of Bernie Madoff – it did not deliberately steal their money. But the Madoff scandal provides plenty of evidence of corner-cutting and the turning of blind eyes in a quest for revenues, writes John Gapper
Madoff returns to haunt HSBC
Irving Picard has filed a $6.6bn suit against HSBC over the Madoff Ponzi scheme and contends that the bank is, to all intents and purposes, an integral part of the fraud
Sentence is necessary and rare
The 71-year-old fraudster’s conduct was indefensible and he deserved what he got, writes John Gapper. But the case was unusual
A bitter dividend
Investment: As Bernard Madoff faces sentencing for perhaps the biggest fraud ever, he leaves behind an industry beset by mutual distrust and harsher regulation
Bernie Madoff’s life of make-believe
A key to his infamy lies in the words ‘split-strike conversion strategy’. That is the explanation he gave for his spectacularly consistent returns, writes Christopher Caldwell
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