Ponzi Schemes

March 2017

• Ponzi Schemes: [TOP TEN]“Investors beware: the Ponzi scheme is thriving” (FT, 3/29/17)

November 2016

• Madoff Ponzi Scheme: “Koch and other Madoff investors are winners in fight over profits held abroad” (NYT, 11/22/16)

September 2016

• Madoff Ponzi Scheme: “How to avoid hiring a Madoff-like financial advisor” (LAT, 9/11/16)

February 2016

• Madoff Ponzi Scheme: [TOP TEN]“‘Madoff’: Charmer, egotist, fiend” (WSJ, 2/3/16)

October 2015

• FutureSelect Lawsuit Against Ernst & Young re Investment in Madoff Fund: “Investors seek to hold Ernst & Young liable for Madoff losses” (WSJ, 10/15/15)
• Madoff: “Further $1.2 billion ready to be repaid” (WSJ, 10/21/15)

August 2015

• Hsu Ponzi Scheme: “Former Clinton fundraiser: ‘I was greedy’” (WSJ, 8/12/15)

June 2015

• Madoff Ponzi Scheme: “Madoff trustee, former investor, settle lawsuits” (WSJ, 6/20/15)
• Madoff Trustee Litigation: “Madoff trustee denied in bid” (WSJ, 6/23/15)

May 2015

• Madoff Criminal Convictions:
  • “Madoff ex-aide gets light sentence” (WSJ, 5/29/15)
  • “Madoff auditor avoids prison after aiding prosecutors” (NYT, 5/29/15)
  • “Controller for Madoff’s firm gets time served” (WSJ, 5/20/15)

April 2015

• Madoff Trustee Litigation: “Madoff trustee seeks next payout” (WSJ, 4/16/15)
  

December 2014

• Madoff Ponzi Scheme:
  • “Andrew Madoff: He idolized his father but he never forgave him” (NYT Magazine, 12/26/14)
  • “Madoff aide sentenced to six years in prison” (WSJ, 12/16/14)
  • “Madoff prosecutors criticize judge for being too soft” (Bloomberg, 12/11/14)
  • [TOP TEN]“Madoff aide gets six-year prison term” (WSJ, 12/9/14)
• Madoff Trustee Litigation:
  • “Madoff victims are slated to get $322 million more” (WSJ, 12/23/14)
  • “Madoff deals get approval” (WSJ, 12/18/14)
• Real Estate Ponzi Scheme and Fraud Suit Against Law Firm: “Fraud conspiracy suit against Manatt advances” (LA Daily Journal, 12/5/14)

November 2014

• Madoff Ponzi Scheme: “Madoff trustee strikes $497 million settlement with investors” (WSJ, 11/18/14)

September 2014

• Madoff Ponzi SchemeStanford Ponzi Scheme:
  • “The curious case of an ‘Oxford’ man” (WSJ, 9/10/14)
  • “Andrew Madoff, who told of his father’s swindle,dies at 48” (NYT, 9/4/14)
  • “Bernard Madoff’s surviving son dies” (WSJ, 9/4/14)
  • “Madoff’s son dies of cancer” (FT, 9/4/14)

August 2014

• Madoff Trustee Litigation: “Madoff son asks judge to block trustee bid to revamp suit” (Bloomberg, 8/13/14)

July 2014

• New Ponzi Scheme in Post-Madoff Era:  “Despite exposure of Madoff fraud, new schemes emerge” (NYT, 7/11/14)
• Madoff Trustee Litigation: 
  • “Madoff sons are hit by Trustee’s lawsuit” (WSJ, 7/16/14)
  • [TOP TEN] “Madoff Trustee’s bank suits halted” (WSJ, 7/1/14)
  • “Supreme Court backs banks over $10bn in Madoff-related claims” (FT, 7/1/14)

March 2014

• Madoff Ponzi Scheme Trial (5 Madoff Execs):
  • [TOP TEN] “Jury decides that five employees of Madoff knew score” (NYT, 3/25/14)
  • [TOP TEN] “Jury finds staff aided Madoff con” (WSJ, 3/25/14)
  • [TOP TEN]“Madoff staff trial likely sets duration record” (WSJ, 3/18/14)
  • [TOP TEN] “Madoff staffers shift blame” (WSJ, 3/7/14)
• Madoff Ponzi Scheme and JPMorgan:
  • “The hurdles in getting pas a wall of silence” (NYT, 3/6/14)
  • [TOP TEN]“A standoff of lawyers veils Madoff ties to JPMorgan Chase” (NYT, 3/5/14)

February 2014

• Madoff Ponzi Scheme Trial (5 Madoff Execs): [TOP TEN] “In rarity, Ex-Madoff staffer testifies in his own defense” (WSJ, 2/20/14)
• Stanford Financial Ponzi Scheme:
  • “Court opens recourse for Stanford victims” (WSJ, 2/27/14)
  • “Supreme Court permits investor lawsuits in Stanford fraud” (NYT, 2/27/14)

January 2014

• JP Morgan Madoff Settlement:
  • [TOP TEN]“JPMorgan lost Madoff in a blizzard of paper” (NYT, 1/10/14)
  • “JPMorgan sets record with $2.6 billion Madoff payment” (FT, 1/8/14)
  • [TOP TEN]“JP Morgan settles its Madoff tab” (WSJ, 1/8/14)
  • [TOP TEN]“The Madoff settlement is an enormous win for a guilty JPMorgan” (LAT, 1/8/14)
  • “JPMorgan to pay $2.6 billion for failing to report Madoff concerns” (LAT, 1/8/14)
  • [TOP TEN]“JPMorgan is penalized $2 billion over Madoff” (NYT, 1/8/14)
  • “Another Madoff swindle” (WSJ, 1/7/14)
  • “JP Morgan officials excluded from penalties in Madoff deal” (WSJ, 1/7/14)
  • “JP Morgan nears deal in case tied to Madoff” (NYT, 1/6/14)
  • “JP Morgan to pay U.S. $2 billion on Madoff” (WSJ, 1/6/14)

December 2013

• JP Morgan Madoff Settlement:
  • “JPMorgan to add $1 billion to Madoff victims’ fund” (FT, 12/13/13)
  • “JP Morgan to pay $1 billion over Madoff” (WSJ, 12/12/13)
  • “JP Morgan set to settle Madoff claims” (FT, 12/12/13)
  • [TOP TEN] “Criminal action is expected for JP Morgan in Madoff case” (NYT, 12/12/13)
• Madoff Ponzi Scheme 5 Years Later:
  • “Post-Madoff, clients ask tough questions” (WSJ, 12/14/13)
  • “Unlikely legacy of Ponzi scheme: a bonanza for newfangled funds” (WSJ, 12/11/13)
  • [TOP TEN]“Unraveling the lies that Madoff told” (WSJ, 12/11/13)
• Madoff Ponzi Scheme Criminal Prosecution:
  • “Madoff fumed at letter from SEC” (WSJ, 12/6/13)
  • “Madoff employees crafted detailed forgeries, ex-executive says” (WSJ, 12/5/13)
• Madoff Trustee Litigation:
  • “Madoff Trustee has court setback” (WSJ, 12/10/13)
  • [TOP TEN] “Scars from a fraud” (WSJ, 12/10/13)
  • [TOP TEN] “Billions on the line in two Madoff cases” (WSJ, 12/9/13)
  • “Madoff victims, five years the wiser” (NYT, 12/8/13)
  • “Investors call for UBS to pay” (FT, 12/2/13)

November 2013

• Madoff Trustee Litigation:
  • “Deal over Madoff funds collapses” (WSJ, 11/22/13)
  • “Indirect victims of Madoff are ruled eligible for funds” (WSJ, 11/19/13)
  • “Broader pool of Madoff fraud victims eligible to seek compensation from fund” (NYT, 11/1/9/13)
• Ponzi Scheme (Spangler): “The cautionary tale of an investment adviser gone astray” (NYT, 11/16/13)

October 2013

• Allen Stanford (Stanford Financial) Ponzi Scheme Conviction:
  • “Justices hear ponzi-suit case” (WSJ, 10/8/13)
  • “Supreme Court ponders suits in Stanford fraud over securities that never existed” (NYT, 10/8/13)
  • “Third-party ponzi suits go before supreme court” (WSJ, 10/7/13)
• Madoff Ponzi Scheme Criminal Prosecution:
  • “Witness: Entire Madoff business was fraud” (WSJ, 10/30/13)
  • “Madoff employees lied, prosecutor says” (WSJ, 10/17/13)
  • “Trial of Madoff associates starts” (LAT, 10/8/13)
  • “Madoff insider is ready to testify” (WSJ, 10/7/13)
• Madoff Ponzi Scheme and JP Morgan: “JPMorgan faces possible penalty in Madoff case” (NYT, 10/24/13)
• Madoff Trustee Litigation:
  • “Lawsuit against ex-directors of Madoff’s London unit thrown out” (FT, 10/19/13)
  • “Case against Madoff sons is dismissed in London” (NYT, 10/19/13)
  • “Implications for banks as Madoff litigation grinds on” (NYT, 10/15/13)
• Madoff Trustee’s “Willful Blindness” Lawsuit (Merkin):“Madoff trustee asks Supreme Court to let him sue banks” (NYT, 10/10/13)

September 2013

• Madoff Ponzi Scheme: “Accountant who worked with Madoff for years is indicted in fraud” (NYT, 9/27/13)
• Madoff Ponzi Scheme Criminal Prosecution:[TOP TEN]“Deadline approaching, US is weighing charges in Madoff case” (NYT, 9/18/13)
• Madoff Trustee’s “Willful Blindness” Lawsuit (Merkin):[TOP TEN]“Madoff trustee adds details to suit, saying financier detected fraud” (NYT, 9/3/13)

August 2013

• New SEC Rule in Response to Madoff Scheme: “Brokerage rules approved” (WSJ, 8/1/13)
• Solis Ponzi Scheme: “Hemet man gets 15 years for real estate ponzi scheme” (LAT, 8/18/13)

July 2013

• Bitcoin Ponzi Scheme (Shavers):
  • “SEC charges Texas man in bitcoin-related ponzi fraud” (WSJ, 7/24/13)
  • “SEC says Texas man operated bitcoin ponzi scheme” (NYT, 7/24/13)
• Madoff Ponzi Scheme Trial:“Madoff case puts focus on the duties of custodial banks” (NYT, 7/9/13)
• Madoff Trustee Lawsuit:“Madoff brother won’t answer in U.K. court” (WSJ, 7/5/13)

June 2013

• Madoff’s London Operation Investigation: “Madoff’s UK operation used for ‘stolen money‘” (FT, 6/14/13)
• Madoff Ponzi Scheme Trial:“Luxenbourg regulator acts to salvage reputation” (FT, 6/3/13)
• Madoff Trustee Lawsuit:“Madoff Trustee’s clawbacks blocked” (WSJ, 6/21/13)

May 2013

• $105 Million Settlement of Ponzi Scheme Class Action (Wells Fargo): “Wells Fargo pays $105 million to end Ponzi class” (LA Daily Journal, 5/1/13)

April 2013

• Madoff Trustee Lawsuit: “Trustee in Madoff fraud loses court ruling” (NYT, 4/16/13)

March 2013

• Madoff Trustee Lawsuit: “Trustee can’t block deal on ‘feeder fund’” (WSJ, 3/21/13)

February 2013

• Peregrine Financial $215 Million Missing Customer Funds (Wasendorf):
  • “Peregrine founder hit with 50 years” (WSJ, 2/1/13)
  • “Peregrine Financial founder is sentenced to 50 years in prison” (LAT, 2/1/13)
• Madoff Trustee Lawsuit: “Madoff trustee seeks to return further $505 million to victims” (WSJ, 2/14/13)

January 2013

• Peregrine Financial $215 Million Missing Customer Funds (Wasendorf):
  • “Former Peregrine chief sentenced to 50 years in prison” (NYT, 1/31/13)
  • “Ex-wife’s funds targeted” (WSJ, 1/29/13)
  • “Peregrine scion aims to clean the slate” (WSJ, 1/8/13)
  • “Peregrine trustee seeks more time for shut down” (WSJ, 1/2/13)
• Madoff Trustee Lawsuit:
  • “Secondary investors in Madoff seek payback” (WSJ, 1/28/13)
  • “JP Morgan faces sanction for withholding Madoff documents” (Bloomberg, 1/4/13)
• Stanford Financial (R. Allen Stanford): “Ex-CFO is sentenced” (WSJ, 1/23/13)

December 2012

• Madoff Trustee Lawsuit: “Madoff scandle still haunts victims” (WSJ, 12/11/12)
• Madoff Criminal Case:
  • “Bernie Madoff’s Brother gets 10 years” (LAT, 12/21/12)
  • “Peter Madoff sentenced to 10 years in fraud case” (NYT, 12/21/12)
  • “Madoff’s brother sentenced to 10 years” (WSJ, 12/21/12)
  • “Support for Madoff brother” (WSJ, 12/18/12)
  • “On the occasion ‘ Madoff Day’ think about how to avoid fraud” (NYT, 12/8/12)
  • “Court weighs request to vacate judgment tied to Madoff scheme” (LA Daily Journal, 12/4/12)

November 2012

• Stanford Financial: “Two convicted in Ponzi Scheme” (LAT, 11/21/12)
• Attorney liability for client’s ponzi scheme:
  • “Nixon Peabody lawsuits outstanding after ex-partner convicted in cover up” (La Daily Journal, 11/15/12)
  • “When non clients attack” (LA Daily Journal, 11/19/12)
• Madoff Trustee Lawsuit:
  • “Court fight over Madoff suicide” (WSJ, 11/15/12)
  • “Madoff victims to share $210m payout” (FT, 11/14/12)
  • “Madoff suits settle with BNY Mellon unit” (NYT, 11/14/12)
• Madoff Criminal Case:
  • “Student son of Madoff’s accountant commits suicide” (FT, 11/19/12)
  • “Another guilty plea in Madoff probe” (WSJ, 11/9/12)

October 2012

• Madoff Criminal Case:
  • “Ex-Madoff workers to go to trial” (WSJ, 10/3/12)
  • “Charges expand in a Madoff case” (NYT, 10/2/12)

September 2012

• Full Tilt Poker (CEO): “Former poker executive pleads guilty in web case” (WSJ, 9/20/12)
• Madoff Trustee Litigation:
  • “Madoff victims to receive payout” (LAT, 9/21/12)
  • “Madoff victims to receive cheques totaling $2.5bn” (FT, 9/21/12)
  • “Ex-staffer to plead guilty” (WSJ, 9/13/12)
  • “Guilty pleas seen in Madoff case” (LAT, 9/13/12)

August 2012

• Ex-Football Coach’s $80m Ponzi Scheme: 
  • “SEC flags former coach” (WSJ, 8/17/12)
  • “Hall of Fame College Coach is accused in Ponzi Scheme” (NYT, 8/17/12)
• Full Tilt Poker (CEO):
  • “Two online poker sites settle U.S. allegations” (LAT, 8/1/12)
  • “Poker site settles for $731 million” (WSJ, 8/1/12)
• Goldman Sachs/Bayou/Samuel Israel III: “Goldman still playing in Bayou’s mud” (NYT, 8/18/12)
• Madoff Trustee Litigation:
  • “Madoff payout: $2.4 Billion” (WSJ, 8/24/12)
  • “Trustee fights Madoff case settlement” (NYT, 8/2/12)
• [TOP TEN] Ponzi Scheme: “Examining the ponzi scheme through the mind of a con artist” (Interview with Tamar Frankel, author of “The Ponzi Scheme Puzzle: A History and Analysis of Con Artists and Victims”) (NYT, 8/20/12)

July 2012

• Goldman Sachs/Bayou/Samuel Israel III:  “A trader who swerved and crashed” (NYT, 7/1/12)
• Full Tilt Poker (CEO):
  • “CEO of Full Tilt is arrested” (WSJ, 7/3/12)
  •  “Founder of online gambling site Full Tilt Poker is arrested” (LAT, 7/3/12)
• Madoff Trustee Litigation:
  • “Madoff distribution is sought” (NYT, 7/27/12)
  • “Victims of Madoff may get more cash” (LAT, 7/27/12)
  • “Amid battles, trustee seeks $2 Bn payout” (WSJ, 7/27/12)
  • “Madoff clients in line for $1.5Bn” (FT, 7/27/12)

June 2012

• Bayou/Samuel Israel III
  • “A con man who lives between truth and fiction” (NYT, 6/26/12)
• Dewey & LeBoeuf Lawsuit:
  • “Documents show Dewey loan terms” (LA Daily Journal, 6/28/12)
  • “Suing Dewey—and damn the consequences” (LA Daily Journal, 6/18/12)
  • “Former Dewey partner sues firm leaders” (LA Daily Journal, 6/14/12)
  •  “Dewey’s former leaders sued” (WSJ, 6/14/12)
• Gupta/Allen Stanford Trials: “Narcissist or Psychopaths: Why some bosses go bad” (FT 6/21/12)
• Madoff:
  • “Peter Madoff claims he didn’t know about fraud” (NYT, 6/30/12)
  • “Bernard Madoff’s brother pleads guilty” (LAT, 6/30/12)
  • “Peter Madoff pleads guilty” (WSJ, 6/30/12)
  • “Prosecutors press on in ponzi probe” (WSJ, 6/29/12)
  • “Money manager settles Madoff related case” (WSJ, 6/25/12)
  •  “Top courts in US and Britain enter Madoff fray” (NYT, 6/21/12)
  • “Supreme court denies to hear Madoff dispute” (NYT, 6/26/12)
  • “Suspense is over in Madoff case” (NYT, 6/26/12)
  • “Appeal is refused” (WSJ, 6/26/12)
• Stanford Financial (R. Allen Stanford):
  • “Stanford officer to plead guilty” (WSJ, 6/19/12)
  • “Financer is sentenced to 110 years for fraud” (NYT, 6/15/12)
  • “Stanford hit with 110 years” (WSJ, 6/15/12)
  • “Stanford sentenced to 110 years for fraud” (FT, 6/15/12)
  • “Viewing financial crimes as economic homicide” (NYT, 6/11/12)

May 2012

• Lawyer Ponzi Scheme: “Ex–lawyer sentenced for role in ponzi scheme (LA Daily Journal, 5/22/12)
• Madoff:
  • “How they failed to catch him” (Fortune Magazine, 5/23/11)
  • “Madoff case is paying off for trustee, $850 an hour” (NYT, 5/28/12)