Bernard Madoff, Trial | featured news

A judge ruled Monday that the New York Mets' owners owe up to $83 million to the trustee recovering money for Bernard Madoff investors, though he expressed doubt that the trustee will succeed in proving at a trial this month that he's entitled to as much as $300 million more....

Bernard Madoff's former secretary has made bail and will await her New York trial while on house arrest. Annette Bongiorno, of Boca Raton, Fla., is facing trial on charges of conspiracy and securities fraud.

Prosecutors expect to charge Frank DiPascali Jr., a former Madoff lieutenant, with multiple counts of fraud and other criminal charges.

Arch swindler Bernard Madoff will not appeal the 150-year prison sentence he received for masterminding a global multibillion-dollar investment fraud, his main lawyer said on Thursday.

U.S. District Judge Denny Chin sentenced Bernard Madoff on Monday to 150 years in prison, the maximum sentence sought by prosecutors.

Live Blogging | Hearing for confessed Ponzi schemer is underway now in Manhattan.

Disgraced financier Bernard Madoff must forfeit $170 billion, a federal judge ordered Friday.

Bernard Madoff’s lawyer has told a judge scheduled to sentence the disgraced financier next week that 12 years in prison will be sufficient punishment.

The sentencing of convicted Ponzi-scheme operator Bernard Madoff has been postponed about two weeks until June 29.