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The Latest Breaking News from Bernie Madoff

Wall Street hails conviction of young woman who conned JPMorgan—but asks how bank failed to catch $175 million fraud

Charlie Javice, who faces a prison sentence of 14 to 17.5 years, unsuccessfully sought to portray JPMorgan Chase as careless.

Fortune

FTX's SBF Claims Democrats Abandoned Him Despite Donations, Says Diddy Was 'Kind' In Tucker Carlson Podcast

Sam Bankman-Fried appeared in the latest episode of Tucker Carlson's X show, revealing Sean "Diddy" Combs had been "kind" to him in prison. He also shared his thoughts on being "abandoned" by the Democrats he helped ahead of the FTX collapse.

International Business Times

Former Barclays chief Jes Staley heads to court to clear name from associations to Jeffrey Epstein

American banker had a relationship with the now-deceased Epstein while working at JPMorgan Chase

The Independent UK

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Madoff Victim Fund Nearly Completes Compensation For Scam Victims

Madoff Victim Fund compensates nearly 41,000 victims worldwide for losses in Ponzi scheme.

Top News

Bernie Madoff victims get final payout

The Madoff Victim Fund's total payout will be $4.3 billion shared among nearly 41,000 people, the DOJ says

Salon

Madoff Victim Fund Makes Final Payout 15 Years After Ponzi Scheme Collapsed

Victims have recovered nearly 94% of their initial investments with the final payout from the victim fund.

International Business Times

Bernie Madoff compensation fund makes final payments

Tenth and final payment means the 40,000-plus Ponzi scheme victims will have recovered 93% of investment losses

The Guardian - UK

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Victims of Bernie Madoff Ponzi scheme collect final payments

Victims of the largest known Ponzi scheme have had approximately 94 percent of their losses recovered

The Independent UK

Abolish the Securities and Exchange Commission

Despite its enormous budget and vast regulatory powers, the agency has failed to detect major frauds while wasting time and money on relatively useless disclosures.

Reason

A Future Headline: Biff’s Investing Firm Cleans Up With AI

A future Biff and his fictional investment company will conspire to rip you off by professing to use amazing AI tools. How can you protect yourself?

Kiplinger

I Listened to a Pitch for a Possible Bitcoin Scam So You Don’t Have To

Kiplinger

Your chance to work at Bernie Madoff's old digs

Yours for just £23k a month

Evening Standard

Madoff: The Final Word by Richard Behar review: a riveting read

What would the perfect investment opportunity look like? Something that makes big returns — much more than the competition. And something that would never make a loss, not for a single month, for year after year, decade after decade.

Evening Standard

The 20 best true crime documentaries on Netflix to stream

Here are the 20 best true crime documentaries on Netflix to stream. From theft to fraud to murder, these stories will leave you baffled yet intrigued.

WhatToWatch

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The Texas Tribune

Legal experts say it’s rare to pursue jail time in securities fraud cases like Paxton’s

In 2015, Attorney General Ken Paxton was indicted on three securities fraud felony charges. Experts in securities fraud say those charges are rarely pursued.

Kiplinger

How SIPC Works and What Investors Should Know About It

The Securities Investor Protection Corp. will help get your cash and securities back if your broker-dealer fails. Here's a look at how SIPC works.

The Conversation

Santos, now booted from the House, got elected as a master of duplicity -- here's how it worked

U.S. Rep. George Santos, a Republican from New York, was expelled on Dec. 1, 2023 from Congress for doing what most people think all politicians do all the time: lying.

Fortune

Sins of the father: Could Joe Bankman go to jail for helping his son run FTX?

“They were living high on the hog while advising a bunch of twentysomethings who had no idea what they were doing,” said a a white-collar defense specialist.

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Fortune

How Sam Bankman-Fried stacks up against Bernie Madoff and some of history’s biggest financial fraudsters

Where do the alleged crimes of Sam Bankman-Fried stack up against history's biggest fraudsters?

Fortune

Prosecutors have damning evidence of Sam Bankman-Fried’s fraud: Why isn’t he pleading guilty?

A white-collar defense attorney described the upcoming FTX trial as a “once in a decade” fraud case.

Fortune

A timeline of Sam Bankman-Fried, who could go down as one of history’s most notorious fraudsters

Sam Bankman-Fried, 31, is facing fraud and conspiracy charges linked to FTX, which was once valued at $32 billion.

TV Tech

Capturing ‘The Monster of Wall Street’ with Canon Cameras

Using in-camera transitions, we seamlessly married present day interviews with recreated sequences

USA Today Sports Media Group

Lynch: The majors should make a statement on golf’s cash arms race — pay players nothing!

The PGA Tour is delivering financial windfalls not seen since Bernie Madoff was the toast of Wall Street.

Salon

Scam science: How to outsmart the con

Authors of "Nobody's Fool" say "There's an unending arms race of people coming up with new ways to try to scam us"

USA Today Sports Media Group

Bobbly Bonilla day, explained: Here’s why MLB fans celebrate the former All-Star every July 1

Bobby Bonilla. Baseball's master of finesse.

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