Two big foundations have teamed up to assist civil-rights groups and legal-aid organizations that have lost donors due to the alleged financial scheme of Bernard Madoff. The Atlantic Philanthropies ...
The last disbursement, of more than $131 million, is being sent to more than 23,000 victims worldwide. When it is completed, more than $4.3 billion will have been distributed by the fund to more than ...
Victims of Bernard Madoff will receive an additional $378.5 million in funds forfeited to the government in connection with his decades-long Ponzi scheme, the Justice Department said. This ...
WASHINGTON, D.C. -- The victims of former hedge fund manager Bernie Madoff – the man convicted of perpetrating the largest Ponzi scheme in history – will receive a third disbursement of nearly $700 ...
More than half of the accounts with allowable claims against disgraced financier Bernard Madoff have now been fully repaid, according to the... More than half of the accounts with allowable claims ...
JAYNE BARNARD Guest Columnist WILLIAMSBURG On Monday in a crowded courtroom in New York City, nine citizens stood up and told the story of how Bernard Madoff had hurt them and their families. Judge ...
Call it six degrees of Bernard Madoff. Kevin Bacon and wife Kyra Sedgwick are among the many victims of the massive Ponzi scheme run by the disgraced New York money manager. Bacon’s publicist, Allen ...
Of the foundations that have been hardest hit by the Bernard Madoff financial scheme, the majority of them lacked adequate board size or diverse board leadership, factors that contributed to their ...
Legislation that would allow the victims of the Bernard L. Madoff Securities LLC fraud to receive refunds for the taxes they paid on phantom profits was introduced today by Rep. Gary Ackerman, D-N.Y.