bernard madoff

Jailed financier Bernard Madoff's multibillion-dollar Ponzi scheme stretched back at least to the early 1970s, when his employees used historical information about stocks to create false trades that could be placed on customer statements, a former trader revealed as he pleaded guilty Monday to criminal charges.

Bernard Madoff's multibillion-dollar fraud began in the early 1970s with several employees working together to fake records when no trades actually took place, a former trader at Madoff's firm said in pleading guilty to criminal charges on Monday.

The Securities and Exchange Commission has acknowledged that some documents from preliminary investigations of major banks and convicted swindler Bernard Madoff likely were destroyed under a former agency policy.

The Securities and Exchange Commission has acknowledged that some documents from preliminary investigations of major banks and convicted swindler Bernard Madoff likely were destroyed under a former agency policy.

Newly unsealed court documents show that bank executives were suspicious of Bernard Madoff’s accounts and steered clients away from him but did not alert regulators.

Investors in jailed financier Bernard Madoff's fraudulent business who have been denied payouts from recovered funds are saying they think the trustee recovering money for investors might be cheating them.

Bernard Madoff could be barred from attending his son’s funeral, according to a report in The New York Post.

Jailed financier Bernard Madoff's eldest son is dead of an apparent suicide on the second anniversary of his father's arrest,

Dec. 11, 2008: Bernard Madoff is arrested after telling senior employees that his investment company was "basically, a giant Ponzi scheme," and he had "absolutely nothing." Media reports later identified the employees as his sons, Mark and Andrew.