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NEWS ABOUT: Mark Madoff

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Madoff Sons Give Dad the Cold Shoulder

Haven't spoken to him since Ponzi confession

(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 »

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

Investors' money kept family living luxe

(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 »

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

US seeks payback of loans, along with gems, cufflinks

(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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