After losing his entire life's savings to disgraced fund manager Bernard Madoff, 90-year-old Ian Thiermann abandoned retirement and now works the aisles of a grocery store to make ends meet…
With Mr. Madoff struggling to convince his rapidly diminishing circle of friends to cough up the remaining $3 million to meet the terms of his bail, Marc Litt, the New York…...
Bernard Madoff, accused of the largest fraud in U.S. history, will be allowed to remain in his $7 million Park Avenue apartment instead of being sent to jail, under terms of an agreement announced today by federal prosecutors....
Around the United States, the nonprofit community is reeling from the Bernard Madoff scandal. At least two other foundations have been forced to close their doors, having lost virtually all their assets to what the authorities describe as a Ponzi scheme that depended on new investment money to pay off earlier investments...
