Ruth Madoff, the wife of epic swindler Bernard Madoff who reaped billions and a lavish family lifestyle, will be left with $2.5 million and have to look for a new home as she forfeits claim to some $80 million in assets.
Documents filed in Manhattan federal court on Friday night showed that Ruth Madoff, 68, who [...]
Bernie Madoff will soon be in the big house and his wife Ruth will soon be out of the penthouse.
U.S. District Judge Denny Chin Friday signed an order forcing the Madoffs to forfeit $170 billion to compensate victims of his $65 billion scam, Acting U.S. Attorney Lev Dassin said.
So the Madoffs’ $7 million Manhattan apartment, [...]
When you think of Bernie Madoff, the words evil, swindler and thief probably come to mind.
But ‘ladies man’?! Not so much.
However, Bernie’s longtime secretary, Eleanor Squillari, told Vanity Fair that he was just that.
“Bernie was irresistible to women” and had “a roving eye,” she told the magazine.
She alleges he frequently visited massage parlors.
“Once, [...]
The Securities and Exchange Commission on Monday announced an agreement with disgraced money manager Bernard Madoff that could eventually force him to pay a civil fine and return money raised from investors.
The partial judgment, which renders permanent a preliminary injunction that froze Madoff’s assets after his arrest in December, must be approved by the judge [...]
The former NYPD detective who has been Bernie Madoff’s bodyguard since the accused Ponzi schemer has been out on bail is quitting.
Nicholas Casale said someone else will have to watch over Madoff in his East Side apartment because his company is not equipped to track down the disgraced money manager’s assets across the globe.
That duty [...]
Millions of documents that might yield the truth behind Bernie Madoff’s massive Ponzi scheme have been yellowing for years in a Queens warehouse, sources said.
The East Elmhurst building was used to store old records from Madoff’s investment firm. Investigators have been there sifting through files for possible evidence, a government official told The Associated Press.
The [...]
Finagling financier Bernie Madoff stays in his gilded cage.
A federal judge on Monday rejected the government’s request to yank Madoff from his $7 million Manhattan penthouse – and put him in jail – for violating bail conditions while awaiting trial for a $50 billion Ponzi scheme.
Although he didn’t revoke Madoff’s $10million bail, Manhattan Federal Magistrate [...]
Bernie Madoff was raised in working-class Rockaway Beach and played in south Queens – but he was more at home in uber-rich Palm Beach and the playgrounds of the south of France.
The self-proclaimed mastermind of a $50 billion Ponzi scheme added poise, polish and Park Ave. to his Beach Channel Drive pedigree, along with multiple [...]
