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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Mark Madoff

Mark Madoff stories: 7 news summaries

Madoff Trustee Sues Relatives for Not 'Doing Their Jobs'

$199M suit spreads blame to firm's execs

Oct 2, 09 3:15 PM CDT
(Newser) - The trustee in the Bernie Madoff case, delivering on his threat to sue the imprisoned fraudster's relatives and co-workers, filed a $199 million lawsuit today in bankruptcy court. Rather than alleging that they knew about Bernie's Ponzi scheme, Irving Picard's complaint takes issue with the way brother Peter, sons Mark... More »

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fraud • federal prison • Ponzi scheme • Bernard Madoff • Bernard L. Madoff Investment Securities • Irving Picard • Peter Madoff • Andrew Madoff • Mark Madoff • Shana Madoff

Trustee to Sue Madoff's Sons, Brother, Niece

He'll seek $198 million; sons may also have 'criminal problem'

Sep 28, 09 8:42 AM CDT
(Newser) - Bernie Madoff’s sons, brother, and niece will all be sued this week for $198 million, the trustee in charge of sorting out the Ponzi mess said last night. Sons Mark and Andrew Madoff in particular withdrew roughly $35 million, despite making little if any investment. “Whether or not... More »

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fraud • Ponzi scheme • Bernard Madoff • Irving Picard • Andrew Madoff • Mark Madoff

Trustee Set to Gouge
Madoff's Sons, Brother

May ask for $50M of clients' cash back

Sep 2, 09 7:32 AM CDT
(Newser) - They're not accused of being in on the fix, but that's not stopping the court-appointed trustee of Bernard Madoff from going after the swindler’s sons and brother, CBS News reports. Trustee Irving Picard will file civil complaints against Mark, Andrew, and Peter Madoff and seek up to $50 million... More »

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scam • Ponzi scheme • civil lawsuits • Bernard Madoff • Peter Madoff • trustee • Andrew Madoff • Mark 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 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

 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

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