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About Bernard Madoff
Bernard Lawrence "Bernie" Madoff (pronounced /ˈmeɪdɒf/; born April 29, 1938) is an American former financier and convicted felon. Madoff, who served as a non-executive chairman of the NASDAQ stock exchange, pled guilty to an 11-count criminal complaint, admitting to defrauding thousands of investors of billions of dollars and was convicted of operating a Ponzi scheme that has been called the largest investor fraud ever committed by a single person. Federal prosecutors estimated client losses, which included fabricated gains, of almost $65 billion. On June 29, 2009, he was sentenced to 150 years in prison, the maximum allowed.

Madoff founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960, and was its chairman until his arrest on December 11, 2008. The firm was one of the top market maker businesses on Wall Street, which bypassed "specialist" firms, by directly executing orders over the counter from retail brokers.

He was said to have confessed to his sons first on December 10, 2008, that the asset management arm of his firm was a giant Ponzi scheme—as he put it, "one big lie". They then passed this information to authorities. The following day, Federal Bureau of Investigation agents arrested Madoff and charged him with one count of securities fraud. The SEC conducted several investigations into Madoff's business practices since 1999, which critics contend were incompetently handled.

Bernard Madoff News From The Web
Madoff Sentenced To 150 Years

Madoff Trustee Seeks $1 Billion Harley Default Award (Update2) (Bloomberg)

US, Britain join Austria in Madoff-related probes (Business Day)

US, Britain join Austria in Madoff-related probes (USA Today)

US, Britain join Austria in Madoff-related probes - The Associated Press

Madoff Trustee Seeks $1 Billion Harley Default Award - Bloomberg

Madoff victims explore tax refunds on 'phantom' profits - Boston Herald

Austria aiding US, British prosecutors checking possible Madoff ...

Bernard Madoff hires help to survive hard time | Gobizec.com

Bernard Madoff Hires Help to Survive Hard Time, Find Best Jail ...

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Bernard Madoff On Twitter
$231 Million in Payments Approved for Madoffs Victims: Another update in the Bernard Madoff fiasco: After liqui.. http://tinyurl.com/l42vw4

Lol wie geil auch er sich in der öffentlichkeit gibt, bernard madoff... die reportage ist der hit ohne mist selten so gelacht :-D

Investigators looking for poss. link between Sonja Kohn- a Vienna fund manager and disgraced financier Bernard Madoff.


Bernard Madoff Links
Bernard Madoff Gets 150 Years | Viewpoint
Will The Legal System Bury Bernard Madoff Under The Prison for The ...
Bernard Madoff sentenced to 150 years - General Discussion - Main ...

Madoff Sentenced To 150 Years

Ponzi scheme operator Bernard Madoff sentenced to 150 years in prison.

Bernie Madoff Wants To Keep Penthouse, $62 Million

Bernie Madoff Wants To Keep Penthouse, $62 Million

William Foxton Commits Suicide Over Bernie Madoff Investment

“William Foxton, 65, who had served in the British Army and more recently worked as a defense contractor in Afghanistan, died from a single bullet wound to the head in the southern English port city of Southampton on Tuesday, police said. ‘A pistol was recovered at the scene. Police do not believe the death to be suspicious,’ a police statement said.” [Link]

Investor Thierry Magon de La Villehuchet Commits Suicide Over Bernard Madoff Investment

“Thierry Magon de La Villehuchet, who ran a fund that invested with Bernard Madoff, was found dead at his office today in an apparent suicide, according to a police officer at the scene. De la Villehuchet, 65, was a co-founder and chief executive officer of Access International Advisors, according to a marketing document. Access, based in New York, invested $1.4 billion with Madoff, who was arrested on Dec. 11 for allegedly running a $50 billion Ponzi scheme. ” [Link]

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