Articles

Madoff Trustee to be Lead Plaintiff in Facebook Class Action Against Morgan Stanley; Failure To Disclose Cited

By jlcgrp on  From bernard-madoff-scam.blogspot.com
To: James Gorman From: I. Picard, Esq. cc: M. Weiss, ex-Esq.Dear James- Who would have thunk that I'd be joining hands with Mel after he made my life miserable with his "I'm the best f**king class action lawyer in the world, so don't f*ck with me!" Well, it turns out that both of us got hoodwinked by the MorganStanley/Facebook road show--the one that had your people handing out ice cream cones to our grand kids, but forgetting to hand us the same memo that went to your top institutional...Read Full Story

Legal – Witness ties Rajat Gupta to convicted hedge fund boss Rajaratnam, ‘Mini-Madoff James Crombie ordered to pay ex-partners $35m, Hedge fund manager John Clement gets 2 years imprisonment for running $5m Ponzi scheme

By Opalesque on  From opalesque.com

"Why #Facebook (FB) Is Almost as Greedy as Bernie #Madoff"

By jlcgrp on  From bernard-madoff-scam.blogspot.com
To: Barry Ritholtz c/o DowJones MarketWatch From: Bernie L. Madoff Dear Barry: Someone told me that "Zuck" is the new "F-word" on Wall Street--I'm happy to revert to the more common use when I say to you: "What the f*ck?!" You're suggesting that I was 'greedy' takes any credibility from what was otherwise some good comments that you made below. BLMRead Full Story

‘Mini-Madoff’ Associates Arrested in NY, Florida

By Chris Monty on  From blippitt.com
Four brokers accused of helping to rip off investors in a large, Long Island Ponzi scheme were arrested today by U.S. postal inspectors and FBI agents. Investigators said the four in question helped convicted swindler Nicholas Cosmo, also known as the “Mini-Madoff,” run a scheme whereby investors lost close to $200 million.Cosmo earned the “Mini-Madoff” moniker due to the fact that his Ponzi scheme collapsed just after Bernie Madoff’s $60 billion debacle was exposed.The four suspects are...Read Full Story

Nelson and Janet Hallahan, Ponzi scheme fugitives know as the "Mini Madoffs ... - CBS News

By keyfunds on  From latestbusinessreport.com
CBS NewsNelson and Janet Hallahan, Ponzi scheme fugitives know as the "Mini Madoffs ...CBS News(CBS/AP) TONOPAH, Ariz. - US marshals in Arizona say they have arrested a fugitive Illinois couple known as the "Mini Madoffs" who fled 12 years ago after pleading guilty in connection to a Ponzi scheme that targeted their friends, the elderly and even ...'America's Most Wanted' helps nab Illinois Ponzi fugitivesChristian Science MonitorFormer Peoria couple in Ponzi scheme caught in ArizonaThe State...Read Full Story

Illinois Ponzi scheme fugitives caught in Arizona - Chicago Tribune

By keyfunds on  From latestbusinessreport.com
USA TODAYIllinois Ponzi scheme fugitives caught in ArizonaChicago TribuneActing on a tip, US marshals in Arizona put an end to an Illinois couple's life on the lam, a dozen years after they fled punishment for running a Ponzi scheme that targeted friends, the elderly, and even family members, authorities said.'Mini Madoffs' caught after 12 years on the runFox NewsIllinois couple caught after 12 years on the lamQuad City TimesUS Marshals catch Peoria's 'Mini Madhoffs'Peoria Journal Starall 432...Read Full Story

Beware Of Ponzi Schemes Investors Have Experienced

By Shafi on  From doablefinance.com
Wed Mar 21, 2012, 2:00 am | Beware of Scams There have been many Ponzi schemes investors fell for besides Bernie Madoff’s during the last couple of years. When we have examples such as mentioned in the following paragraphs we must be at full alert to avoid them in our personal financial life. The economy is hopefully on a rebound but many folks have been struck with lightening loss and they have been bitten by the lousy economy many times over. Under those...Read Full Story

'Mini Madoffs' from Peoria caught in Arizona - Chicago Sun-Times

By keyfunds on  From latestbusinessreport.com
New York Daily News'Mini Madoffs' from Peoria caught in ArizonaChicago Sun-TimesThis combo made from undated photos provided by the US Marshal's service shows Janet Hallahan, left, and her husband, Nelson Grant Hallahan. The Hallahans, who spent a dozen years on the run after fleeing a conviction for running a Ponzi scheme, ...'America's Most Wanted' helps nab Illinois Ponzi fugitivesChristian Science MonitorIllinois Ponzi scheme fugitives caught in ArizonaChicago TribuneCouple in Illinois...Read Full Story

$54M Madoff-like Ponzi ‘Green Scheme’ has Victims Fighting for Lost Investments

By philiplaboon on  From lawsuit-settlement-funding.com
Philadelphia, PA (press release): $54 million pales in comparison to the billions swindled by Bernard Madoff’s Ponzi scheme, but there is no difference to the hundreds of victims--many of them elderly--of the alleged financial fraud led in part by once high-flying Mantria Corp., a former Bala Cynwyd company, according to a Complaint filed by Philadelphia-based Saltz Mongeluzzi Barrett & Bendesky (“SMBB”). ManRead Full Story

Jan Wahl Movie Review: ‘Chasing Madoff’

By fytre on  From sanfrancisco.cbslocal.com
Chasing Madoff Poster (credit: Cohen Media Group) You can hear KCBS Entertainment Editor Jan Wahl’s movie reviews on KCBS All News 740AM and 106.9FM Fridays at 8:53am & 4:53pm. (CBS SF) – This week, Jan Wahl reviews the compelling documentary, “Chasing Madoff.” CHASING MADOFF (NOT RATED) How ’bout some movies to stay in with? Looking for a suggestion or two? You’re in luck, says KCBS Entertainment Reporter Jan Wahl. Listen To Jan Wahl’s Movie Review Jan Wahl Entertainment Report: Chasing...Read Full Story
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