Tag Archives: Bernie Madoff

Inmates Seek Release Over Fear Of Virus Outbreaks

The Associated Press reports: Coronavirus has become a “get out of jail” card for hundreds of low-level inmates across the country, and even hard-timers are seeking their freedom with the argument that it’s not a matter of if but when the deadly illness sweeps through tightly packed populations behind bars. Among those pleading for compassionate release or home detention are …

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Ponzi Schemer Bernie Madoff Asks Trump For Clemency

CNBC reports: Notorious Ponzi schemer Bernie Madoff has filed a petition with the Justice Department asking that President Donald Trump reduce his 150-year prison sentence. Madoff, 81, is currently serving that sentence in a federal prison in Butner, North Carolina, for orchestrating the largest Ponzi scheme in history. His decadeslong scam conducted while heading Bernard L. Madoff Investment Securities in …

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Bernie Madoff’s Son Commits Suicide

The 46 year-old son of convicted Ponzi schemer Bernie Madoff was found hanging from a dog leash in his Manhattan apartment today. Mark Madoff, in desperate early morning e-mails to his wife, said he could no longer live with the curse put on the family by his disgraced dad, sources told the Daily News. “At one point he said something …

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Banks And KPMG Named In Madoff Suit

JPMorgan Chase, the Bank of New York, and the accounting firm of KPMG have been named as co-defendants in a lawsuit again super-crook Bernie Madoff. “KPMG never blew the whistle on fraudulent conduct” at Madoff’s British firm, Madoff Securities International Ltd, which the accounting firm audited. KPMG declined comment as did JPMorgan Chase. A representative for Massachusetts Mutual Life Insurance, …

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Feds Sieze Madoffs’ UES Penthouse

U.S. Marshalls just took possession of Bernie Madoff’s UES penthouse, forcing his wife to look for lodging elsewhere. U.S. Marshal Joseph Guccione said the marshals arrived at the property at noon with a court order permitting them to take custody of the apartment and cause anyone there to move out. Guccione said Madoff’s wife Ruth had been advised in advance …

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Bernie Madoff Sentenced To 150 Years

Billionaire scammer Bernie Madoff was just sentenced to 150 years in prison. Judge Denny Chin said the sentence was a symbolic one for a crime that showed “extraordinary evil” and “took a staggering human tool.” Madoff , addressing the court in a dark suit for about six minutes, said that when he started the scam, he thought he’d be able …

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Advice For Bernie Madoff

Somebody outside uberscammer Bernie Madoff’s zillion dollar UES penthouse wants him to do the right thing. Madoff remains under house arrest despite being the single greatest con artist in American (world?) history. (Via Jen Chung @ Gothamist.)

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