Learn about our editorial policies Bernard Lawrence "Bernie" Madoff was an American financier who executed the largest Ponzi scheme in history, defrauding thousands of investors out of an ...

Actor Kevin Bacon says he isn't jaded after losing money in former financier Bernie Madoff's Ponzi scheme, but it still stings all these years later. Bacon discussed the incident during a recent ...

The “Footloose” star said in a new interview that despite losing a fortune in Bernie Madoff’s infamous Ponzi scheme more than a decade ago, he now focuses on the blessings he still has in ...

For most of the world, Bernie Madoff is a monster; he betrayed thousands of investors, bankrupted charities and hedge funds. On paper, his Ponzi scheme lost nearly $65 billion; the effects spread ...

The DOJ announced Monday that it began distributing its tenth and final payments of forfeited funds to 40,930 victims of Madoff’s scheme, the largest known Ponzi scheme to date. The final ...

WASHINGTON -- The fund disbursing money to the victims of Bernie Madoff's legendary Ponzi scheme began its 10th and final distribution on Monday, putting another $131 million in the pockets of ...

You probably haven't heard Bernie Madoff's name in awhile, but that doesn't mean the infamous fraudster's story is over, or the pain he inflicted. Irving Picard, an 83-old court-appointed trustee ...

30 (UPI) --The fund designed to aid victims of the investment scam perpetrated by Bernie ... to fraud. Madoff victimized Hollywood stars and score of others in one of the largest Ponzi schemes ...

“Hey, Bernie,” an inmate would yell to him admiringly ... investigated his agency’s failure to uncover Madoff’s Ponzi scheme, and Madoff volunteered to speak to him—he is, no doubt ...

the biggest name in corporate fraud was Bernie Madoff. Fifteen years after the FBI arrested Madoff on Dec. 11, 2008 for running a massive Ponzi scheme — and two years after his death in a ...

Kevin Bacon says he’s “not jaded” after losing a significant amount of money in Bernie Madoff’s 2008 Ponzi scheme. “There’s not that much to say, really. If it seems too good to be ...