November 12, 2009
The price of two homes of the imprisoned former financier have been lowered after several weeks on the market.
New York (WiredPRNews.com) - The asking price for two homes of former financier Bernard Madoff have been lowered after spending significant time on the market. As reported by Reuters, Madoff’s homes in New York City and Palm […]
September 16, 2009
A senior vice president of the company has been fired after using a foreclosed house to host extravagant parties.
Press Release Service – Wired PR News – A senior vice president of Wells Fargo & Co. has been fired after reportedly holding extravagant parties at a bank owned foreclosed home in Malibu. As reported by Reuters, […]
September 10, 2009
The home of the jailed former financier will be available for sale this week.
Press Release Service – Wired PR News – The penthouse of jailed former financier Bernard Madoff and his wife will be listed for sale this week. As reported by Reuters, the New York City duplex is expected to be sold for around […]
August 17, 2009
The state of Massachusetts is rejecting a settlement offer from an investment firm in connection to Bernard Madoff’s investment fraud scandal.
Press Release Service – Wired PR News – Massachusetts has rejected an investment firm’s proposal for repayment of state investors with losses connected to investment fraud by Bernard Madoff. As reported by the Associated Press […]
June 30, 2009
The disgraced financier is given a 150-year prison term.
Wired PR News – Former financier Bernard Madoff has been sentenced to 150 years in prison. As reported by the Associated Press (AP), Madoff, who pleaded guilty to fraud and other charges in March, was given the maximum sentence allowable for his crimes on Monday.
U.S. District Judge […]
June 27, 2009
The former financier has been ordered to forfeit $170 billion.
Wired PR News – Bernard Madoff has been ordered to forfeit $170 billion by a federal judge. As reported by the Associated Press (AP), U.S. District Judge Denny Chin gave the order Friday, which will require Madoff to forfeit his interest in properties and investments. Madoff’s […]
June 23, 2009
The SEC has accused a Madoff linked firm of funneling billions in investor funds.
Wired PR News - Law News Distribution - A brokerage firm and investment adviser have been accused of participation in the controversial $50 billion ponzi scheme of Bernard Madoff. As reported by the Associated Press (AP), the Securities and Exchange Commission (SEC) […]
April 11, 2009
A judge ruled on Friday that investors could force Bernard Madoff into bankruptcy.
Wired PR News – A judge in New York ruled on Friday that investors scammed by ex-financier Bernard Madoff could try and recover lost funds by forcing him into bankruptcy. As reported by the Associated Press (AP), U.S. District Judge Louis L. Stanton’s […]
March 13, 2009
The defamed financier is taken to jail after pleading guilty to fraud charges.
Wired PR News – Disgraced financier Bernard Madoff was taken to jail in handcuffs Thursday after pleading guilty to charges of fraud. As reported by the Associated Press (AP), Madoff, apologized for cheating his victims out of billions of dollars in court before […]
March 12, 2009
The former Nasdaq chairman is set to plead guilty on Thursday.
Wired PR News – Controversial ex-financier Bernard Madoff is expected to enter a guilty plea on fraud charges Thursday. As reported by the Associated Press (AP), the former Nasdaq chairman accused of carrying out a $64.8 billion fraud, may face a sentence of up to […]
