Madoff home prices lowered

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 […]

Madoff Will Have to Forfeit Billions

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 […]

Firm Linked to Madoff Charged with Fraud

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) […]

Charges Filed in Mortgage Ponzi Scheme

April 28, 2009


Charges have been filed against five individuals for a scam that defrauded over 1,000 mortgage holders in Maryland.
Wired PR News – Five people have been charged in connection with a scam that defrauded millions of dollars out of mortgage holders. As reported by the Associated Press (AP), a group of individuals with the Maryland based […]

Investors Permitted to Force Bankruptcy

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 […]

Madoff Handcuffed and Taken to Jail

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 […]

 
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