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Madoff yacht, boats sold at auction in Florida
November 17, 2009 7:07 PM
Bernard Madoff's yacht "Bull," two smaller boats and a Mercedes-Benz convertible have been auctioned in Florida for more than $1 million combined. Madoff's 1969 Rybovich, a 55-foot fishing boat, sold for $700,000 to an unknown buyer. A 38-foot Shelter Island runabout named "Sitting Bull" went for $320,000 and the 24-foot... more » -
Madoff's yacht, 2 smaller boats up for auction
November 16, 2009 1:57 PM
A vintage 55-foot yacht named "Bull" and two smaller boats that once belonged to imprisoned financier Bernard Madoff are headed for the auction block, along with an even bigger yacht once owned by Madoff's right-hand man. Madoff's 1969 Rybovitch sportfisher, a wooden boat meticulously restored, is the prize offering... more » -
Ex-Madoff computer programmers arrested
November 13, 2009 10:29 AM
The FBI has arrested two former computer programmers for Bernard Madoff's investment firm on charges they helped cover up his massive fraud for more than 15 years. The U.S. attorney's office in New York said Jerome O'Hara and George Perez were arrested Friday at their homes. It said the pair... more » -
Trustee says $530 million paid to Madoff victims
October 28, 2009 2:28 PM
The trustee overseeing the liquidation of Bernard Madoff's assets says more $530 million has been paid so far to victims of the disgraced financier's massive fraud. Trustee Irving Picard said in a briefing on Wednesday that he had identified $21.2 billion in losses in about 2,300 customer accounts. The money... more » -
Autopsy set for Madoff associate found in pool
October 26, 2009 11:09 AM
An autopsy was planned for a man accused of making more than $7 billion off the investment schemes of jailed financial manager Bernard Madoff. Jeffry Picower was found by his wife Sunday at the bottom of a pool at the couple's sprawling oceanside Palm Beach mansion. He died a short... more » -
Madoff trustee sues Madoff's family for $198M
October 2, 2009 3:47 PM
A trustee trying to recover Bernard Madoff's assets to reimburse investors has sued his brother, sons and a niece to recover nearly $200 million. The lawsuit was filed Friday in U.S. Bankruptcy Court in Manhattan. In the court papers, Trustee Irving Picard says the money was received by... more »
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