Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

On 11th December 2008, financier Bernie Madoff was arrested for the biggest Ponzi scheme in history, writes Eliot Wilson The 1990s had been an economic boom time for much of the West, with America ...

FBI agent says Madoff came close to shredding most damning files. — -- Even before he admitted his Ponzi scheme to his family, Bernard Madoff had begun a plan to destroy the most damning evidence ...

Former customers of the late Ponzi schemer Bernard Madoff will recoup $498.3 million under a settlement on Wednesday with the liquidators of two Luxembourg funds, boosting their recovery to about ...

Ruth Madoff married Bernie Madoff when she was 18 and claimed to be shocked when he was arrested for fraud in 2008 ...

Madoff, 81, is serving a 150-year prison sentence in a North Carolina federal facility for orchestrating the largest Ponzi scheme in history at his firm, Bernard L. Madoff Investment Securities in New ...

NEW YORK (Reuters) - Bernard Madoff, who was convicted for running the largest known Ponzi scheme in history, died on Wednesday in prison where he was serving a 150-year sentence, the Federal Bureau ...

After decades of marriage, Bernie was arrested in 2008 for defrauding investors and running the biggest Ponzi scheme of all time Ruth stayed with him following his sentencing and has lived a quiet ...