Bernie Madoff

Bernie Madoff Firesale

LATEST

HSBC wins dismissal of Madoff lawsuit

Bernie Madoff

HSBC has defeated a class-action lawsuit by investors who lost money in Bernard Madoff’s fraud and claimed the bank ignored warnings while administering a group of 'feeder funds' that placed money with the con man.

New payout could make more Madoff victims whole

Money On Hook

Victims of the epic Madoff Ponzi scheme could get back another $349 million under a proposal submitted to the bankruptcy court Tuesday by trustee Irving H. Picard. The proposed distribution, the fourth since the scandal broke, brings the total payout to nearly $6 billion.

HOT LIST

Bernie Madoff

HSBC wins dismissal of Madoff lawsuit

HSBC has defeated a class-action lawsuit by investors who lost money in Bernard Madoff’s fraud and claimed the bank ignored warnings while administering a group of 'feeder funds' that placed money with the con man.

Bernie Madoff Still

Madoff Offers To Spill The Beans On Big Banks

Jailed Ponzi schemer Bernard Madoff plans to amplify his contention, possibly in testimony before Congress, that the big banks he did business with – J.P. Morgan Chase, Bank of New York Mellon, Citigroup and HSBC Group, among others – knew what he was up to.

FEATURED

Bernie Madoff

HSBC wins dismissal of Madoff lawsuit

HSBC has defeated a class-action lawsuit by investors who lost money in Bernard Madoff’s fraud and claimed the bank ignored warnings while administering a group of 'feeder funds' that placed money with the con man.