GO
Loading...

Enter multiple symbols separated by commas

Search results for ""Madoff""

REFINE RESULTS

SEARCH RESULTS

About 11 results. Sort By: Date | Relevance
Government: Accounting exec earned leniency in Madoff case

NEW YORK- A 79- year-old former New York accounting firm executive who did work for some of Bernard Madoff's most important clients has earned leniency at sentencing because his cooperation provided new insights into history's largest financial fraud, prosecutors said. In a filing late Thursday in Manhattan federal court, prosecutors wrote Paul...
Source: The Associated Press
Who's watching the financial advisory industry?

It's almost universally acknowledged that the current regime for examining the some 11,500 registered investment advisors in the U.S. is inadequate.
Source: CNBC.com | By: Andrew Osterland, special to CNBC.com
Millennium Trust Company Surpasses $5.6 Billion in Private Fund Assets under Custody

OAK BROOK, Ill., June 25, 2015/ PRNewswire/-- Millennium Trust Company, a leading provider of alternative asset custody solutions to institutions, advisors, and individuals, announced today that assets under custody for private funds have surpassed $5.6 billion as of June 1, 2015, an increase of $600 million within the last six months. For more information about...
Source: PR Newswire
EXCLUSIVE-JPMorgan executive chosen to rebuild transaction-policing unit leaves

ST. LOUIS, June 24- A high-ranking JPMorgan Chase& Co executive responsible for revamping the bank's anti-money laundering practices after U.S. regulators found lax controls has left in recent days, according to internal memos read to Reuters and confirmed by the bank. Patrick Moore, a long-time JPMorgan executive who took over as global head of financial...
Source: Reuters | By: Brett Wolf
Firm traded Patriots tickets for inside info: DOJ

Prosecutors are honing in on proxy advisory solicitor Georgeson for its role in a tips-for-tickets scheme exposed to the SEC, reports USA Today.
Source: USA Today | By: Kaja Whitehouse
UPDATE 1-U.S. Supreme Court rejects Madoff trustee's appeal over $4 billion recovery

WASHINGTON, June 22- The U.S. Supreme Court on Monday left intact a court ruling that could prevent victims of Bernard Madoff's Ponzi scheme from recouping more than $4 billion from customers who withdrew money before the enterprise collapsed. The high court left in place a December 2014 ruling by the New York- based 2nd U.S. Circuit Court of Appeals, which said...
Source: Reuters | By: Lawrence Hurley
U.S. SUPREME COURT REJECTS BERNIE MADOFF TRUSTEE'S APPEAL IN MOVE THAT COULD PREVENT RECOVERY FOR PONZI SCHEME VICTIMS OF MORE THAN $4 BILLION

SUPREME COURT REJECTS BERNIE MADOFF TRUSTEE'S APPEAL IN MOVE THAT COULD PREVENT RECOVERY FOR PONZI SCHEME VICTIMS OF MORE THAN $4 BILLION.
Source: Reuters
Madoff trustee to recoup $140 million from Plaza feeder fund

NEW YORK, June 19- The trustee seeking money for Bernard Madoff's victims on Friday said they will receive $140 million from a feeder fund that ignored "glaring" red flags that the swindler was running a Ponzi scheme. Plaza Investments International Ltd will make the payment to end a lawsuit brought by Irving Picard, the trustee liquidating the former Bernard L....
Source: Reuters | By: Jonathan Stempel
Madoff Trustee Reaches Recovery Agreement of $140 Million with Feeder Fund Plaza Investments International & Notz, Stucki Management (Bermuda) Limited

NEW YORK& WASHINGTON---- Press release from the offices of Irving H. Picard, SIPA Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC and the Securities Investor Protection Corporation. Irving H. Picard, Securities Investor Protection Act Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC, and the Securities...
Source: Business Wire
Is charitable giving really at a record high?

Charitable giving reached new heights in 2014, according to recently released data, but not all the money went straight to good causes.
Source: CNBC.com | By: Kelley Holland