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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Ruth Madoff

Ruth Madoff stories: 39 news summaries

1 - 20 of 39 Stories | 1 2 Next >>

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 Madoff's Stuff Up for Sale 

Feds hope to score $500K off jailed fraudster's possessions

Nov 10, 09 6:50 AM CST
(Newser) - Anybody who wants a piece of Bernie Madoff will be able to choose from hundreds of the shamed Ponzi kingpin's possessions at an auction this weekend. Items on the block will include jewelry, furs, and, for the brave buyer, a New York Mets jacket with "Madoff" emblazoned on the... More »

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auction • Ponzi scheme • Bernard Madoff • Ruth Madoff

 Madoff Lover Still 
 Talking About Tiny Penis 

Oh, and forget about her being in the clear—Weinstein says she 'had to know'

Aug 27, 09 8:18 AM CDT
(Newser) - Sheryl Weinstein is still expounding on Bernie Madoff’s “not very large” penis, most recently to Cindy Adams of the New York Post. “It was narrow,” she says. “Tiny in terms of girth, not length.” Still, he somehow convinced scores of women to sleep... More »

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crime • sex • affair • penis • Ponzi scheme • extramarital affair • Bernard Madoff • Ruth Madoff • Bernard L. Madoff Investment Securities • Sheryl Weinstein


 Ruth Madoff 
 Knew Nothing: 
 Mistress 

Weinstein says Bernie was afraid divorce would reveal scheme

Aug 25, 09 11:35 AM CDT
(Newser) - Ruth Madoff was probably thrilled to hear another woman talk about sleeping with her husband this morning. Alleged Madoff mistress Sheryl Weinstein told Good Morning America that the financier was terrified Ruth would find out about their affair, because “divorces or something like that leads to books being... More »

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affair • book • celebrity tell-alls • extramarital affair • Bernard Madoff • Ruth Madoff • Sheryl Weinstein

Madoff Liked Them Gorgeous, Blond, and Young

Secretaries were paid off to be discreet

Aug 18, 09 9:03 AM CDT
(Newser) - Bernie Madoff practically had his own harem, and former mistresses were often paid off—to the tune of $250,000 in one case—to keep quiet, the New York Post reports in a look at the latest Madoff book. “He started having affairs all over the place,”... More »

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sex scandal • affair • mistress • Bernard Madoff • Ruth Madoff

(Newser) - Ruth Madoff won't be able to spend $100 without scrutiny under a deal approved by a bankruptcy judge overseeing the liquidation of her husband's financial firm, the Wall Street Journal reports. Madoff agreed to give a full accounting of her income and any spending over $100 to a court-appointed trustee... More »

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Ponzi scheme • securities fraud • defrauding investors • Bernard Madoff • Ruth Madoff • Irving Picard

 Trustee Sues 
 Ruth Madoff 
 for $44M 

Bankruptcy trustee says fraudster's wife received more than she'll admit to

Jul 29, 09 4:14 PM CDT
(Newser) - The trustee in the Bernie Madoff case sued the swindler's wife today to demand the return of $44 million to bilked investors, Newsday reports. The complaint doesn't allege criminal activity by Ruth Madoff but says she directly received funds from her husband’s multi-billion-dollar Ponzi scheme. Ruth Madoff gave up... More »

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fraud • lawsuit • Ponzi scheme • investment fund • defrauding investors • Bernard Madoff • Ruth Madoff

Madoff: I Can't Believe They Didn't Catch Me

Gives first prison interview, and he's looking a little buff

Jul 28, 09 8:30 PM CDT
(Newser) - Prison life appears to be agreeing with Bernie Madoff. A lawyer who represents victims met with Madoff today and said he appears fit. "He looked pretty good and seems to be working out," said attorney Joseph Cotchett. "He looked a lot better than he has in some... More »

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fraud • Ponzi scheme • Bernard Madoff • Ruth Madoff • Peter Madoff • Andrew Madoff • Mark Madoff

 Madoff's 
 'Prison 
 Hell' Not 
 So Hellish 

But he is in the doghouse with Ruth

Jul 20, 09 10:11 AM CDT
(Newser) - The New York Post got a little excited on today's front page, promising a look "Inside Madoff’s Prison Hell." But that turns out to be a bit of wishful thinking: “Some of the guys were talking about smacking him around a little, just to get the... More »

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prison • jail • Ponzi scheme • life sentence • Bernard Madoff • Ruth Madoff

glossies

 Why Ruth Is Our Punching Bag 

She's the top target for Madoff attacks—thanks in part to gender, bad PR

Jul 6, 09 1:29 PM CDT
(Newser) - Ruth Madoff “has become the primary punching bag for the media and the victims” of Bernie Madoff’s Ponzi scheme, “maligned more than any other Wall Street criminal’s wife in memory,” Sheelah Kolhatkar writes in New York—but are the attacks fair? We don’t know... More »

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gender • sexism • public relations • Ponzi scheme • gender bias • Bernard Madoff • Ruth Madoff • women's issues

 Marshals Seize 
 Ruth Madoff's 
 Penthouse 

She 'left voluntarily': lawyer

Jul 2, 09 12:59 PM CDT
(Newser) - US Marshals seized Ruth Madoff’s $7 million Manhattan penthouse today after she made a deal to give it up last week, the New York Post reports. Madoff “left voluntarily and in an orderly manner to which all sides agreed,” said her lawyer. “We’re not here... More »

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New York • Manhattan • eviction • Ponzi scheme • U.S. Marshals Service • Bernard Madoff • Ruth Madoff

Ruth Madoff May Not Keep Her $2.5M For Long

Victims can still sue swindler's wife to recoup losses

Jul 2, 09 11:05 AM CDT
(Newser) - When she leaves her Manhattan penthouse, Ruth Madoff will have a mere $2.5 million to her name—and she might not have that for long either, Newsday reports. Madoff’s deal with the government—in which she’ll gives up more than $80 million in assets, keeping just the... More »

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bankruptcy • lawsuit • Fairfield • Ponzi scheme • Bernard Madoff • Ruth Madoff • trustee • bankruptcy trustee



 US Won't 
 Charge 
 Ruth 
 Madoff 

Not enough evidence to nab Bernie's wife in Ponzi scheme

Jul 1, 09 10:45 AM CDT
(Newser) - Ruth Madoff won’t be prosecuted in her husband’s giant Ponzi scheme, insiders tell the New York Post, because the feds didn't find enough evidence against her after a 6-month probe. She had “no criminal exposure,” one source says. But if something new turns up, authorities... More »

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fraud • prison • Ponzi scheme • federal prosecution • criminal prosecution • Bernard Madoff • Ruth Madoff

Ruth Madoff: 'Not a Day Goes By When I Don't Ache'

Bernie's wife releases statement on Ponzi schemer

Jun 29, 09 12:34 PM CDT
(Newser) - Ruth Madoff said in a statement today she’s “embarrassed and ashamed” of her husband’s crime, the Wall Street Journal reports—and anyone who believes she’s shown “indifference or lack of sympathy” in her silence has perceived “exactly the opposite of the truth.” “... More »

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Ponzi scheme • statement • Bernard Madoff • Ruth Madoff

How Will Ruth Madoff Survive on Just $2.5M?

With $125K to spend yearly, time to trade in the pair of Mercedes

Jun 29, 09 8:18 AM CDT
(Newser) - With just $2.5 million at her disposal as her husband heads to jail, Ruth Madoff won't exactly be sentenced to penury, but she'll have to cut her annual expenses to the low six figures if she wants it to last her lifetime, reports Brett Arends of the Wall Street ... More »

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Florida • fraud • crime • Manhattan • lifestyle • federal prison • settlement • Ponzi scheme • Bernard Madoff • Ruth Madoff

Where's the
Money, Bernie?


Jun 29, 09 4:21 AM CDT
(Newser) - Investigators have only recovered $1.2 billion of the $13.2 billion bilked from investors by Bernard Madoff since 1995, reports the Wall Street Journal. Eligible victims may be compensated up to $500,000 by the Securities Investor Protection Corp., but the rest will have to come from whatever investigators... More »

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Manhattan • investors • sentencing • Ponzi scheme • defrauding investors • Bernard Madoff • Ruth Madoff

(Newser) - Ruth Madoff struck a deal with federal prosecutors today to forfeit nearly $80 million in assets and retain only $2.5 million in cash, the Wall Street Journal reports. The wife of swindler Bernard Madoff reached the agreement with the US attorney's office in Manhattan. Meanwhile, a US judge entered... More »

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Ponzi scheme • asset forfeiture • Bernard Madoff • Ruth Madoff

 Ruth Madoff Rides Subway 

Ponzi schemer's wife blames paps, of all people, for ruining her life

Jun 25, 09 10:35 AM CDT
(Newser) - Ruth Madoff’s life has hit a new low—literally. It's subterranean: The New York Post spotted her on the subway yesterday, seated directly underneath an ad promoting 99-cent cellphones. The disgraced financier's wife, with gray-streaked hair and distinctly unfashionable attire, was not happy with the photographer, asking, “... More »

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subway • New York • Ponzi scheme • New York Subway • Bernard Madoff • Ruth Madoff

ANALYSIS

For Ruth Madoff, Prison Is a 2-Story Condo

Disowned by sons, Bernie's wife gets cold shoulder in NYC

Jun 13, 09 2:40 PM CDT
(Newser) - Behind every disgraced financier is a disgraced wife, but the public reaction to Ruth Madoff has been especially withering, Lynnley Browning writes in the New York Times. While the wives of other swindlers have reinvented themselves, Mrs. Madoff—scorned by her hairdresser, florist, and sons—has not tried to restore... More »

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New York • Ponzi scheme • Bernard Madoff • Ruth Madoff

 Madoff Sons Give  
 Dad the Cold Shoulder 

Haven't spoken to him since Ponzi confession

Jun 3, 09 10:05 AM CDT
(Newser) - Bernie Madoff’s sons haven’t spoken to their father since he told them about his Ponzi scheme in December, a confession that drove Andrew to tears and Mark to anger. Nor have they spoken to their mother, whom they see as an enabler, David Margolick writes in a Vanity ... More »

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Bernard Madoff • Ruth Madoff • Andrew Madoff • Mark Madoff

Madoff's $100K AmEx Bills
Point to  Rampant Abuse

Investors' money kept family living luxe

May 7, 09 10:02 AM CDT
(Newser) - Ponzi-schemer Bernard Madoff used investors’ money as a “personal piggy bank” to support family, as well as some staff, extravagances, ABC reports. Documents filed in New York bankruptcy court show that Ruth Madoff used the company card to purchase nearly $5,000 of clothing at Paris boutiques last January,... More »

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American Express • Ponzi scheme • Bernard Madoff • Ruth Madoff • Bernard L. Madoff Investment Securities • Peter Madoff • Andrew Madoff • Mark Madoff

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