The money came from investors who had invested with Madoff through Cohmad, according to the complaint.
Though Madoff has allegedly said he acted alone, others have questioned who else knew, including his wife.
Even after some whistleblower action, the investment world allowed Madoff to carry on without much hassle.
But this claim was rather dented by the exposure of several leading groups to Bernie Madoff.
In all the news, I never noticed the word synagogue or Jewish, associated with Madoff.
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The Palm Beach Country Club is where Madoff is said to have prospected for marks.
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Lamentably, the financial crisis and the Bernard Madoff scandal convinced many to steer clear of advisors.
Bernie Madoff was also a young man once, back before his crime of biblical proportion.
As it turned out, a longtime trusted adviser was, as I dubbed him, a mini- Madoff.
In bull and bear markets, Madoff returned about ten per cent a year to Wilpon.
In some ways the aftermath of the Madoff scam is much like the Ponzi scheme itself.
The Madoff debacle made clear to the world that the SEC faced numerous systemic shortcomings.
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There remains some dispute about when Madoff turned his operation into a Ponzi scheme.
His wife, Stephanie, had felt compelled to change her last name from Madoff to Morgan.
According to the attorney representing more than 800 defrauded Madoff victims the answer is yes.
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Wilpon and his partners earned steady returns with Madoff for more than two decades.
Mr. Madoff's firm collapsed in December 2008, and he is serving a 150-year prison sentence.
It seems, that even in prison, Madoff continues to receive special treatment from the SEC.
The fund Mel was calling about, was run by a guy named Bernie Madoff.
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Keep in mind that FINRA accepted some blame for the Madoff and Stanford Financial fiascos.
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Thomson--like Barry Bonds, Bernie Madoff and others--was too good a story not to be true.
Fairfield also sued NEPC LLC, its financial consultant, for allegedly failing to properly investigate Madoff's firm.
In late 2008, the financial crisis and the Bernard Madoff scandal exposed the S.E.
Mark and Andrew Madoff agreed with Mr. Picard not to transfer or sell certain assets.
Mr. Giesea and his wife on several occasions met with Mark Madoff and his wife, Stephanie.
For example, Henry Markopolos spent nearly a decade attempting to expose the billion-dollar Madoff Ponzi Scheme.
Picower was litigating over the Holzer scam when he made his first investments with Madoff.
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The shadow of the Madoff debacle and other enforcement failures still hangs over the SEC.
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We arrived at the debacle of Madoff and the Great Recession because of failed regulation.
Bernard Madoff your punishment continues, but unfortunately to the detriment of those you love.
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