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Ponzi Scheme

WNYC News

Lawyers For Madoff Victims' Trustee Back in Court

Thursday, November 10, 2011

Attorneys for the trustee who represents victims of Bernie Madoff head back to Manhattan federal court Thursday. 

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WNYC News

Madoff Victims Get Payouts

Wednesday, October 05, 2011

Victims of Bernard Madoff's Ponzi scheme are getting some of the money back.

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The Takeaway

SEC and Madoff: A Conflict of Interest?

Wednesday, March 09, 2011

The Securities and Exchange Commission has received criticism for its incompetence in catching Bernie Madoff's Ponzi scheme, and now it faces an investigation in Congress. The House Committee on Oversight and Government Reform will be calling in two key SEC players for a thorough grilling. David Becker, former general counsel for the SEC will have to answer questions regarding his involvement with Madoff as an investor, and SEC Chairman Mary Schapiro will have to answer why she allowed Becker to work on Madoff matters. Did the SEC have a conflict of interest in dealing with Madoff? 

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The Takeaway

Celebrity Financial Advisor Charged With Defrauding Clients $30 Million

Friday, May 28, 2010

Kenneth Starr, financial advisor to Hollywood celebrities like Wesley Snipes and Sylvester Stallone has been charged with defrauding his clients of $30 million since 2008.

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