New questions have come to light about businessman and philanthropist Jeffry M. Picower in connection with the Bernard Madoff investment scandal, ProPublica, an investigative-news organization, ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Nicholas Kristof, the New York Times columnist, has a blog post about the Madoff scandal’s impact on foundations. The post includes a link to a list that a friend of his (Daniel E. Smith, president of ...

All affected investors still not identified, says official about not accepting $6M payment. BOSTON — Massachusetts Secretary of State William Galvin’s office has rejected a proposed settlement by an ...

The Tribeca Film Festival kicks off in New York City today. Usually film festivals are beyond the scope of the Enforcement Action blog, but this year the festival includes an interesting-looking ...

HSBC is preparing to absorb a $1.1 billion hit in its third-quarter results after a Luxembourg court ruled against the bank in a long-running lawsuit connected to Bernard Madoff's multibillion-dollar ...

Kyra Sedgwick and her actor-husband, Kevin Bacon, managed to stay out of the gossip pages until they were among the many victims of the massive Ponzi scheme run by financier Bernard Madoff. "I think ...

NEW YORK -- The amount of money recovered for victims of the Bernard Madoff Ponzi scheme has now topped $11 billion, bankruptcy lawyers announced today. "We now have $11,079,000,000," said Irving ...

Former fashion and media executives are among those who have lost significant sums in Bernard Madoff’s alleged $50 billion Ponzi scheme. Those caught up in Madoff’s investment scam are said to include ...

WASHINGTON (Reuters) - U.S. lawmakers will take their first close look next Monday at financier Bernard Madoff's alleged $50 billion (34.6 billion pound) fraud and why the Securities and Exchange ...

PALM BEACH, Fla., Dec 19 (Reuters) - Bernard Madoff's alleged $50 billion Wall Street fraud scheme has hurt and embarrassed the Jewish community of Palm Beach, the Florida town of the mega-wealthy ...