New York — In his first interview since his arrest, Bernie Madoff has launched the accusation that numerous banks and hedge funds knew about his elaborate scheme. “They had to know,” Mr. Madoff said. “But the attitude was sort of, ‘If you’re doing something wrong, we don’t want to know.’ ” Madoff, who is serving a […]
NEW YORK– Imprisoned financier Bernard Madoff won’t seek to attend his son’s funeral out of consideration for the privacy of his son’s wife and four children, his lawyer said Monday.
NEW YORK — Disgraced financier Bernard Madoff’s eldest son hanged himself by a dog leash in his apartment Saturday, exactly two years after his father’s arrest in a multibillion-dollar Ponzi scheme that swindled thousands of investors of their life savings.
From HuffingtonPost.com: The managing director of a hedge fund group accused of being a $378 million Ponzi scheme, ran into the ocean Saturday morning and shot himself as Spanish authorities tried to take him into custody.
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