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The Post reports that Andrew Madoff, the 43-year-old son of Ponzi schemer Bernard Madoff, "applied for a license to keep a handgun in his swanky Upper East Side pad more than six months ago -- and his name appears on NYPD and state police lists of approved permit holders." Is he trying to keep...
On Wednesday, it was reported that Ponzi schemer Bernard Madoff was in the medical facility at a federal prison in Butner, NC—and one TV station heard that Madoff's injuries were consistent with an assault. However, the Bureau of Prisons said he was being treated for dizziness and hypert...
Ponzi scheme Bernard Madoff is now in a medical facility at the federal prison in Butner, North Carolina, where he is currently serving a 150-year prison sentence for his multi-billion dollar fraud. And a local TV station hears that his injuries were "consistent with an assault." Yesterd...
A year ago today, Bernard Madoff confessed to running a "giant Ponzi scheme." "Giant" to the scale of claiming that his investors—from the wealthy to charities , from banks to retired couples — were owed $60 billion that didn't exist. He went from his Park Avenue duplex—and homes in Montauk...
Bernard Madoff, Mark Madoff, and Andrew Madoff—in happier Ponzi times Mark Madoff may have been sued for taking an estimated $66+ million, thanks to his dad Bernie's massive Ponzi scheme—but he's still got enough cash to pay for a night at the SoHo Grand. According to the Post , Madoff spen...
The Associated Press got a tour of Bernard Madoff's Montauk beach home and breaks the news : "Those who see Bernard Madoff as an evil purveyor of excess might be disappointed by his beach house: It's not that palatial." However, the U.S. Marshals Service says the house will be listed for $8.75 m...
To pump her book's release today (!), Sheryl Weinstein dished about her alleged relationship with Ponzi schemer Bernard Madoff on Good Morning, America . Weinstein, who claims she met Madoff while she was the CFO of the Hadassah organization, has packaged her "21-year" affair and relat...
The NY Post reports that Ponzi schemer Bernard Madoff is "dying of cancer"—at least according to its sources—and that's why he took the blame for the $65 billion fraud that landed him a 150 year prison sentence . One inmate claims, "He's been taking about 20 pills a day for his cancer. He talks...
Now that Ruth Madoff has settled with the feds— giving up her various homes and assets in exchange for $2.5 million—the feds have returned her passport to her . Unfortunately, that chateau of hers was seized in March ! Madoff had to give up her passport when she put up the bail for her Ponzi-sch...
After her husband was sentenced to 150 years in prison for running a $65 billion Ponzi scheme, Ruth Madoff issued a statement. It begins, "I am breaking my silence now, because my reluctance to speak has been interpreted as indifference or lack of sympathy for the victims of my husband Bern...
Sure, multi-billion dollar Ponzi scheme mastermind Bernard Madoff knew what he was doing was wrong , but he really doesn't want to face up to 150 years in prison . Today, Ira Sorkin, a lawyer for the 71-year-old disgraced financier, told U.S. District Judge Denny that a 12-year sentence woul...
A new Vanity Fair article says that disgraced financier Bernard Madoff's sons haven't spoken to their father or mother since Madoff confessed to running a multibillion dollar Ponzi scheme last December. When Andrew and Mark Madoff were told, VF writer David Margolick says, "Mark was an...