Articles About Ponzi Scheme

The Bernard Madoff affair is the scandal that keeps on giving.  In the latest twist, Madoff’s daughter-in-law, Stephanie, is seeking legal approval to change her surname to Morgan to protect herself and her two young children against death threats, embarrassment and humiliation. In legal filings made in Manhattan, Stephanie Madoff says that her father-in-law, who […]

Ponzi scheme swindler Bernie Madoff has some notorious neighbors at the federal prison in Butner, NC, that he now calls home.  According to the Federal Bureau of Prisons, the medium-security Butner facility houses 3,400 inmates, including Omar Abdel-Rahman, the terrorist known as the “Blind Sheik”, who plotted the 1993 World Trade Center bombing.  Also imprisoned […]

Amidst all the depressing economic news of late, it’s like a breath of spring when a related news article elicits a hearty laugh. The rage of this week’s 2009 Toy Fair at New York City’s Jacob Javits Convention Center was the Smash-Me Bernie doll, a $99.95 devil-suited, pitchfork-wielding effigy of legendary swindler Bernard Madoff.  The […]