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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Ruth Madoff

Ruth Madoff stories: 39 news summaries

21 - 39 of 39 Stories | << Prev 1 2

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 Secretary Dishes 
 About Madoff's 
 'Roving Eye' 

Inside details paint picture of lewd Ponzi schemer

May 6, 09 8:42 AM CDT
(Newser) - Bernie Madoff “was irresistible to women,” his longtime secretary says, and the confessed Ponzi schemer felt the same way about them, perusing escort ads and keeping “about a dozen phone numbers for his masseuses” in his address book. Eleanor Squillari reveals intimate details about her boss, including... More »

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sex • Ponzi scheme • masseuse • Bernard Madoff • Ruth Madoff • Bernard L. Madoff Investment Securities • Eleanor Squillari

 Swank Hair Salon 
 Cuts Ruth Madoff 

Ponzi scheming hubby burned too many clients

Apr 13, 09 7:15 AM CDT
(Newser) - Ruth Madoff might be going gray—and not due to stress over Bernie’s legal troubles. She’s been banned from getting her hair colored at a New York salon, the Post reports. “The Pierre Michel salon's clients are among some of Manhattan's most elite,” says a rep.... More »

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New York • Ponzi scheme • Bernard Madoff • Ruth Madoff

Madoff Victims Trustee
Eyes Brother's Bucks

New focus on Peter as trustee seeks to compensate swindle victims

Apr 8, 09 4:43 AM CDT
(Newser) - A federal court official may seek to claw back any funds transferred by Bernard Madoff's swindle company to his brother, reports the New York Post. The new focus on Madoff's sibling, an officer in his firm, was revealed in a letter to an attorney representing a New York law... More »

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theft • scam • Ponzi scheme • Bernard Madoff • Ruth Madoff • Peter Madoff

Ruth Madoff Pays Bernie First Visit in Jail

Ponzi schemer's wife stays silent after Manhattan meeting

Apr 7, 09 3:05 AM CDT
(Newser) - Ruth Madoff visited her husband in his new prison home for the first time yesterday, the New York Post reports. The swindler's wife, accompanied by private security, appeared calm and relaxed after her 20-minute meeting with Bernard Madoff in the Manhattan Correctional Center, although she refused to answer reporters' questions... More »

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jail • Ponzi scheme • visitation • securities fraud • Bernard Madoff • Ruth Madoff

 Feds Grab Madoff Mansion 

$11M Palm Beach pad will be sold to pay pack Ponzi scheme victims

Apr 2, 09 1:35 AM CDT
(Newser) - Federal authorities seized Bernard Madoff's Florida mansion yesterday shortly after confiscating his two yachts, the New York Daily News reports. US marshals and Palm Beach police took over the five-bedroom $11 million mansion—which is in Ruth Madoff's name—as part of an effort to seize as many Madoff assets... More »

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Ponzi scheme • Palm Beach • securities fraud • Bernard Madoff • Ruth Madoff



 Madoff 
 'Cheated on 
 Wife, Too' 

Ponzi schemer linked to exec assistant at media firm: insider

Mar 29, 09 11:08 AM CDT
(Newser) - His investors may not have been the only ones Bernie Madoff cheated: sources tell the New York Daily News that the Ponzi schemer had at least one extramarital affair . He was involved with an executive assistant at a big media firm "eight or nine years ago," one insider... More »

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Ponzi scheme • extramarital affair • Bernard Madoff • Ruth Madoff

 France Will 
 Battle US 
 for Madoff 
 Chateau 

Rival prosecutors preparing to grab Riviera pad

Mar 24, 09 9:00 AM CDT
(Newser) - A legal tug-of-war is getting underway over the Madoffs' Riviera chateau, reports the New York Post. Bernard and Ruth Madoff's $1 million French pad is among the assets US federal prosecutors want the couple to forfeit to help reimburse scammed investors, but French authorities—who have opened a criminal inquiry... More »

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France • Ponzi scheme • French Riviera • asset forfeiture • Bernard Madoff • Ruth Madoff

 Madoff Accountant Faces 
 105 Years for Fraud 

He signed off on false books for years: feds

Mar 18, 09 12:26 PM CDT
(Newser) - Bernard Madoff's longtime accountant has been arrested and charged with securities fraud in the $64 billion Ponzi scheme, the New York Post reports. David Friehling, 49, is accused of helping Madoff dupe his investors and the Securities and Exchange Commission by filing fake audits. Friehling allegedly received $186,000 annually... More »

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fraud • Ponzi scheme • Ruth Madoff • Bernard L. Madoff Investment Securities • Securities and Exchange Commission • David Friehling

 Feds Go After Madoff's  
 Sons, Wife's Jewelry 

US seeks payback
of loans, along with gems, cufflinks

Mar 17, 09 8:16 PM CDT
(Newser) - The Madoff accounting continues. Authorities said today they intend to collect millions of dollars from Bernie's sons, about $2.6 million worth of his wife's jewelry, and 35 watches and cufflinks that belonged to the Ponzi schemer himself, the Daily News reports. Madoff lent son Mark $9.5 million, much... More »

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Ponzi scheme • jewelry • defrauding investors • Bernard Madoff • Ruth Madoff • Bernard L. Madoff Investment Securities • Andrew Madoff • Mark Madoff

(Newser) - Federal investigators are scrambling "around the clock" to freeze Ruth Madoff's $93 million in assets before it disappears, sources told the New York Post. "The US attorneys will tell a judge in the next week or so that they believe Mrs. Madoff's assets are derived from ill-gotten gains... More »

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scam • Ponzi scheme • Bernard Madoff • Ruth Madoff

 Madoff Lists $826M in Assets 

List reveals couple's homes, cash, luxury goods mostly in Ruth's name

Mar 14, 09 6:52 AM CDT
(Newser) - A list of the Madoffs' assets released yesterday falls a long way short of the tens of billions investors and prosecutors are looking for, the Wall Street Journal reports. A $700 million valuation for Bernard Madoff's investment business made up the bulk of the roughly $826 million in assets listed,... More »

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Ponzi scheme • securities fraud • asset forfeiture • Bernard Madoff • Ruth Madoff • Bernard L. Madoff Investment Securities

Madoff Laundered Money Overseas: Feds

Fraud extended to London, US says

Mar 12, 09 7:50 AM CDT
(Newser) - At least a quarter-billion dollars of client funds passed through Bernard Madoff's London operation in money-laundering maneuvers that involved the trading operation as well as the firm's investment-advisory arm, the US government alleges. Madoff's sons, who have denied involvement in the Ponzi scheme in which their father is about to... More »

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London • felony • money laundering • Ponzi scheme • Bernard Madoff • Ruth Madoff • Bernard L. Madoff Investment Securities

Madoff Family Members May Face Charges

Feds investigating 20 others; 'he's jerking everyone around'

Mar 10, 09 9:51 PM CDT
(Newser) - Bernie Madoff's guilty plea Thursday won't be the end of the story, the Daily Beast reports. The feds are investigating 20 possible co-conspirators, including family members, writes Lucinda Franks. Madoff wants to preserve money for his wife and kids, and keep them out of trouble. But sources say that several... More »

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money laundering • Ponzi scheme • defrauding investors • Bernard Madoff • Ruth Madoff • Bernard L. Madoff Investment Securities

Madoff Aide Generated Fake Papers for Scam: Workers

Feds continue to hunt for cohorts

Mar 9, 09 6:42 AM CDT
(Newser) - A longtime Bernie Madoff aide generated fake trading tickets for the accused swindler to use to document trades that never took place, workers have told federal authorities. The employees were instructed to research stock trade prices, then create bogus tickets showing purported trades and fake profits in line with made-up... More »

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Wall Street • scam • Ponzi scheme • Bernard Madoff • Ruth Madoff

 So Where 
 Did Madoff's 
 Wife Get $70M? 

Lawyers for scammed clients seek source
of Ruth's fortune

Mar 4, 09 7:30 AM CST
(Newser) - Lawyers representing some of Bernie Madoff’s victims are stumped by his legal team's claim that $70 million of his wife’s assets have nothing to do with his scam, Reuters reports. So far Ruth Madoff—who hasn't been charged with a crime—hasn't had to detail the source of... More »

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Ponzi scheme • securities fraud • Bernard Madoff • Ruth Madoff • Bernard L. Madoff Investment Securities

Ruth Madoff
in Court Battle
to Keep $70M

Lawyers argue wife's assets have nothing
to do with scam

Mar 3, 09 3:33 AM CST
(Newser) - Ruth Madoff is battling in court to hang onto $70 million in assets she claims have nothing to do with her husband's alleged $50 billion scam. Lawyers for the Madoffs are seeking to protect the assets—including $17 million in cash, $45 million in bonds, and the $7 million Manhattan... More »

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Ponzi scheme • asset forfeiture • Bernard Madoff • Ruth Madoff • Bernard L. Madoff Investment Securities

 Madoff's Wife Withdrew 
 $15.5M Days Before Arrest 

Deadline for criminal indictment extended
30 days

Feb 11, 09 10:57 AM CST
(Newser) - Ruth Madoff withdrew $10 million from a Madoff-related brokerage firm the day before her husband was arrested, according to a complaint filed by Massachusetts’ secretary of state, the Wall Street Journal reports. She also withdrew $5.5 million a few weeks earlier, according to documents from Cohmad Securities, which Bernie... More »

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fraud • Massachusetts • Ponzi scheme • Bernard Madoff • Ruth Madoff

Ruth Madoff: 
Accomplice or 
Another Victim? 

Both possibilities hard to believe, friends say of inseparable couple

Jan 15, 09 8:50 AM CST
(Newser) - Bernard Madoff and his wife, Ruth, have been married for nearly 50 years and are practically inseparable. They worked together, and the outgoing blonde with the all-American look attracted friends to his hedge fund, the New York Times reports. So did she know or didn't she? "It’s hard... More »

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investing • Wall Street • fraud • Ponzi scheme • Bernard Madoff • Ruth Madoff

(Newser) - SEC regulators are investigating whether Bernard Madoff's wife helped him cook the books in his $50 billion fraud scheme, Bloomberg reports. Investigators say that Ruth Madoff's name has shown up on transactions and that she may have helped track payments and keep secret records. Ruth, 67, has not been charged,... More »

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Wall Street • Ponzi scheme • defrauding investors • Bernard Madoff • Ruth Madoff

21 - 39 of 39 Stories | << Prev 1 2


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