Hedge fund founder Raj Rajaratnam was found guilty on all 14 counts of insider trading in a sweeping victory for the United States government.
Disgraced financier Bernard Madoff was sentenced to 150 years in prison on Monday for perpetrating Wall Street’s biggest investment fraud.
Bernard Madoff will appear in court on Monday to hear his punishment for running Wall Street’s biggest and most brazen investment scheme.
Ruth Madoff, the wife of epic swindler Bernard Madoff who reaped billions and a lavish family lifestyle, will be left with ,5-million.
In a move to ensure that all of Bernard Madoff’s personal wealth is used to pay his defrauded customers, some investors filed court papers on Monday.
Bernard Madoff pleaded guilty on Thursday to charges he orchestrated the biggest swindle in Wall Street history, cheating investors out of billions.
Bernard Madoff, expected to plead guilty this week to charges of running Wall Street’s biggest fraud, will appear in court on Tuesday.
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/ 20 December 2008
Bernard Madoff, who authorities say confessed to running a -billion fraud, was put under 24-hour detention in his Manhattan apartment on Friday.
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/ 18 December 2008
Disgraced Wall Street investment manager Bernard Madoff, accused of orchestrating a -billion fraud, was put under house arrest on Wednesday.
The Olympic torch resumed its harried journey in communist Vietnam on Tuesday after China jailed 17 for last months riots in Tibet, the first sentencings in connection with the unrest. The global relay has endured the most tortuous journey of its history, beset by trouble since protesters breached security at the torch-lighting ceremony at Ancient Olympia in Greece last month.