THE SMART NEWS SOURCE | Feb 10 2012 10:57 | LAST UPDATED Feb 10 2012 10:57 |
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US fraudster Madoff says sentence too harshBernard Madoff, sentenced to 150 years in jail for the biggest financial scam in US history, says the judge's sentence was too harsh. Krion accused convictedKrion matriarch Marietjie Prinsloo was today found guilty on over 122 000 charges, including racketeering, money laundering and fraud. Cops probe alleged pyramid schemeCops have conducted raids on the suspected masterminds minds behind an alleged pyramid scheme operating out of the Western Cape. 'Enormous' Ponzi scareHundreds of millions of rands have disappeared in an apparent Ponzi scheme believed to have operated in the Western Cape, Gauteng and KwaZulu-Natal. Bernard Madoff's fall from graceHow the respected Wall Street financier who seemed to have the Midas touch became a "nobody" languishing behind bars. Madoff sentenced to 150 years in prisonDisgraced financier Bernard Madoff was sentenced to 150 years in prison on Monday for perpetrating Wall Street's biggest investment fraud. Ruth Madoff forfeits asset claims, left with $2,5mRuth Madoff, the wife of epic swindler Bernard Madoff who reaped billions and a lavish family lifestyle, will be left with $2,5-million. Master swindler Madoff to be sentenced on MondayThousands of people who lost their life savings in a multibillion-dollar scam will discover on Monday the fate of Wall Street swindler Bernard Madoff. Ponzi mess taints all playersIn monster fraud scandals, such as the one allegedly involving Barry Tannenbaum, fingers normally point in one direction, that of the suspect. Court appoints trustees for Tannenbaum's estateTrustees have been appointed for South African assets seized from Ponzi scheme fraud suspect Barry Tannenbaum. |
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