Former customers of the late Ponzi schemer Bernard Madoff will recoup $498.3 million under a settlement on Wednesday with the liquidators of two Luxembourg funds, boosting their recovery to about $15.

Bernard Madoff once had billions of dollars, but now he makes $40 a month doing menial prison labor. "I used to work as a clerk in the commissary, and now they have me taking care of the telephone ...

Money repaid slowly as investors' retirements stalled and homes in jeopardy. April 20, 2009— -- 8,500 victims of Bernard Madoff's self-confessed $65 billion Ponzi scheme have filed claims to ...

Bernard Madoff says he is dying and is asking a judge for compassionate release from prison, where he is serving 150 years for orchestrating the largest Ponzi scheme in history, according to a ...

NEW YORK – Reviled Ponzi scheme mastermind Bernard Madoff on Wednesday sought compassionate release from his 150-year prison term, saying he has terminal kidney failure and less than 18 months ...

Disgraced financier Bernard "Bernie" Madoff has petitioned the U.S. government to commute his 150-year prison sentence for defrauding investors in an elaborate, long-running Ponzi scheme.. Madoff ...

NEW YORK — Five years after Ponzi scheme mastermind Bernard Madoff's arrest, his claim that he alone was responsible for the more than $17.3 billion fraud is being demolished in the conspiracy ...

Bernard Madoff's victims will soon receive another $372 million to help cover their losses, nearly 14 years after the swindler's capture for running a massive Ponzi scheme, the U.S. Department of ...

Bernard Madoff, mastermind of perhaps the greatest Ponzi scheme in history, has told The New York Times that the banks and funds he dealt with as he got away with billions of dollars that he was ...

NEW YORK, Dec 30 (Reuters) – A U.S. government fund to compensate people swindled by Bernard Madoff announced its tenth and final distribution on Monday, saying it will have paid out $4.3 ...

In 2017, the world was captivated by the story of disgraced financier Bernard Madoff, who was brought to life on television screens by HBO's "The Wizard of Lies." ...