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Bernard Madoff

WNYC News

Five Madoff Ex-Workers Convicted in Case's First Trial

Monday, March 24, 2014

Five former employees of imprisoned financier Bernard Madoff were convicted Monday at the end of a six-month trial.

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WNYC News

Madoff Trustee Sends Out Massive Payouts

Friday, September 21, 2012

Checks totaling $2.48 billion were mailed out this week to some of Bernard Madoff’s victims to help cover their losses. Irving Picard, the trustee in charge of recovering funds, said just about half of the $17 billion that was lost in Madoff’s Ponzi scheme has been recovered.

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WNYC News

Mets Settle with Madoff Trustee

Monday, March 19, 2012

The team’s owners reached a deal Monday with the trustee responsible for recovering money for victims of the Ponzi scheme run by imprisoned financier Bernie Madoff.  But it may take a bit more than a court settlement to break the Mets slump.

 

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WNYC News

NY Judge Requires Mets' Owners to Prove Goodwill

Wednesday, March 14, 2012

A federal judge says New York Mets owners must show a jury next week they weren't willfully blind to a gigantic fraud carried out by their friend, Bernard Madoff.

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WNYC News

NY Judge to Decide on Mets-Madoff Trial by March 5

Thursday, February 23, 2012

A judge says he'll decide by March 5 if a trial is necessary to decide if the owners of the New York Mets were willfully blind to the multibillion-dollar fraud by financer Bernard Madoff.

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WNYC News

Mets Owners Ask High Court for Help in Madoff Case

Thursday, February 09, 2012

The owners of the Mets want the Supreme Court to weigh in on their attempt to recover money lost in Bernard Madoff's Ponzi scheme.

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WNYC News

Possible Deal in a Mets-Madoff Suit

Wednesday, November 02, 2011

Lawyers have informed a Manhattan judge that they've reached a tentative settlement in a lawsuit blaming the owners of the New York Mets for losing more than $16 million in 401(k) assets by investing with Bernard Madoff.

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WNYC News

Madoff Trustee Heads Back to Court

Monday, October 03, 2011

WNYC

The court-appointed trustee working towards recovering funds for the people who invested money with Bernard Madoff is expected back in court Monday.

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WNYC News

Judge Narrows Madoff Trustee's Suit Against the Mets

Tuesday, September 27, 2011

The legal fallout from the Bernard Madoff ponzi scheme has reached the New York Mets. A judge is allowing a lawsuit to go forward, in limited form, against the owners of the Mets by the trustee recovering money for investors who lost money due to Madoff.

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WNYC News

No Ruling on Mets, Other Madoff Clients in Appeal for Victims

Thursday, March 03, 2011

A federal appeals court in Manhattan held off on a decision on a challenge by former clients of disgraced financier Bernie Madoff about how a trustee is calculating gains and losses.

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The Brian Lehrer Show

Talking to Madoff

Wednesday, March 02, 2011

Steve Fishman, contributor to New York Magazine, talks about his exclusive interviews with imprisoned Bernard Madoff.

Read A Recap and Join the Conversation at It's A Free Country

WNYC News

$7.2 Billion Settlement Announced for Madoff Victims

Friday, December 17, 2010

Irving Picard, the trustee recovering money for Bernard Madoff's investors, has reached a $7.2 billion settlement with the estate of a Florida businessman on Friday. The late Jeffry Picower was the single-largest beneficiary of the fraud.

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WNYC News

Financial 411: Recovering Money for Madoff's Victims

Thursday, December 09, 2010

WNYC

The clock is ticking on efforts to claw back billions of dollars for Bernard Madoff's victims. How much money can be recovered?

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WNYC News

SEC: Madoff Accountant "Pretended" To Audit Him

Wednesday, March 18, 2009

(Mario Tama/Getty Images)

(Mario Tama/Getty Images)

The fallout from Bernard Madoff's massive Ponzi scheme widened today, with the arrest of his longtime accountant on fraud charges. David Friehling is accused of helping the disgraced money manager ...

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WNYC News

Madoff Victims: A Bittersweet Day

Thursday, March 12, 2009

Investors Dewitt Baker (R) and Judith Welling, who had invested with financier Bernard Madoff, outside Manahttan federal courthouse. (Getty)

Investors Dewitt Baker (R) and Judith Welling, who had invested with financier Bernard Madoff, outside Manahttan federal courthouse. (Getty)

Bernard Madoff was led ...

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WNYC News

Serenity Now! Madoff Media Circus No Match for Tai Chi

Thursday, March 12, 2009

Helicopters, photographers, tai chi, oh my! Listen to WNYC's Arun Venugopal describe the scene outside the Lower Manhattan courthouse where Bernard Madoff later pled guilty to fraud, saying he was 'sorry and ashamed.' Madoff told the judge he began the fraud in response to a recession, but believed it would ...

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