Tag Archives : Bernie Madoff

Bernie Madoff has become history. He was on top of the world and could convince the investing public to trust him with their $65 billion through his Ponzi scheme. The collapse in 2008 was dramatic and the last year has seen consistent efforts to recover some of the investment. Household goods seized from Madoff’s Palm Beach mansion was auctioned last [...]

For being ‘extraordinarily evil,’ billion fraudster Bernard Madoff gets the maximum prison sentence of 150 years. His crime, one of the most talked about in recent history, is ‘masterminding a massive fraud that robbed investors of $50 billion.’ The 71 year old man had earlier asked for 12 years in prison for his crimes. Madoff has 10 days [...]