massive fraud

Madoff's properties in NYC, Florida up for sale

Newsvine - business  Wed, 09/09/2009 - 03:00

It's where Bernard Madoff broke down and confessed to his massive fraud, frantically wrote checks for millions of dollars as the scheme unraveled and appeared in a bathrobe to greet the FBI agents who arrested him.


 

Madoff accountant may be cutting plea deal

MSNBC.com: Business  Wed, 07/15/2009 - 18:03

Bernard Madoff's accountant — the only other person charged so far in the disgraced financier's massive fraud — may be nearing a plea deal.


 

Lawyer gets 20 years for $400 million swindle

MSNBC.com: Business  Tue, 07/14/2009 - 04:02

Marc Dreier told a Manhattan court Monday that he was "deeply sorry for the harm and sadness I've caused to so many people."A once-prominent Manhattan attorney was sentenced Monday to 20 years in prison for a hatching a massive fraud in a brazen attempt to keep his law firm afloat and bankroll a lavish lifestyle.