Bernard Madoff gets maximum 150 years in prison
Monday, 29 Jun, 2009 – 18:44 | Comments Off
Bernard Madoff gets maximum 150 years in prison

NEW YORK – Historic swindler Bernard Madoff was sentenced to 150 years in prison Monday for a fraud so extensive that the judge said he needed to send a symbolic message to potential imitators and …


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Conman Madoff accused of concealing £700,000 in jewellery from fraud investigators
Tuesday, 6 Jan, 2009 – 10:13 | Comments Off
Conman Madoff accused of concealing £700,000 in jewellery from fraud investigators

The world’s biggest conman was accused last night of trying to hide nearly £700,000 worth of jewels from investigators following his arrest last month.
Prosecutors said Bernard Madoff flouted a freeze on his assets by secretly …


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Tremont Group Holdings $3,300,000,000
Friday, 2 Jan, 2009 – 3:18 | Comments Off
Tremont Group Holdings $3,300,000,000

Tremont Group Holdings Inc., a hedge-fund firm owned by OppenheimerFunds Inc., had $3.3 billion invested with Bernard Madoff, according to a person familiar with the matter, Bloomberg reported.
Tremont’s Rye Investment Management unit had $3.1 billion, …


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Investor who lost big to Madoff kills himself
Wednesday, 31 Dec, 2008 – 1:16 | One Comment
Investor who lost big to Madoff kills himself

NEW YORK — A fund manager who lost more than $1 billion of his clients’ money to Bernard Madoff was discovered dead Tuesday after committing suicide at his Manhattan office, marking a grim turn in …


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