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NEW YORK (Reuters) - Bernard Madoff, who cultivated a worldwide mystique as he churned out amazingly steady returns for his investors year after year, finally admitted it was all a lie, saying he had felt compelled to deliver "at any cost."
Some former customers of financier Bernard Madoff despise him for his fraud, but they are also angry with their government and a financial system they say robbed them of their savings.
Disgraced financier Bernard L. Madoff is expected to plead guilty Thursday to 11 criminal charges in connection with an alleged massive fraud that went back to the 1980s, his lawyer said Tuesday.
A New York artist has fashioned a bust of accused financial swindler Bernard Madoff into a piggy bank that won't give your money back. Sculptor Palmer Murphy said he designed the faux-bronze "Ponz" piggy bank with a coin...
NEW YORK (Reuters) - Bernard Madoff, accused mastermind of a $50 billion investment fraud, is expected to plead guilty to criminal charges next week, three months after his arrest shocked his customers worldwide.