"Madoff" - CNBC

search results for

refine results

sort by

Date
Relevance

result type

Articles
Video

Wires
Press Releases

Investors: 'Pharma Bro' Shkreli was shady - and profitable

NEW YORK— The jury at the securities fraud trial of "Pharma Bro" Martin Shkreli has heard investors accuse the quirky former biotech CEO of repeatedly giving them the runaround when they tried to pull their money out of his failing health care hedge fund. "I don't think it mattered to him— it was just what he thought he could get away with," said Richard Kocher, a New...

Source: The Associated Press

Estates of Bernie Madoff's 2 sons to keep nearly $4 million

NEW YORK— A bankruptcy court filing shows the estates of Wall Street swindler Bernard Madoff's two sons will get to keep nearly $4 million once about $18 million in assets is taken away as part of a legal settlement. The settlement terms were contained in papers filed by a court-appointed trustee Monday in U.S. Bankruptcy Court in New York. The deal leaves Mark...

Source: The Associated Press

UPDATE 1-Madoff sons' estates in $23 mln settlement over Ponzi scheme

NEW YORK, June 26- The trustee recouping money for Bernard Madoff's victims has reached more than $23 million of settlements with the estates of the swindler's late sons and related defendants, ending more than eight years of litigation. According to a Monday court filing, the settlement will strip the estates of Andrew and Mark Madoff of "all assets, cash, and...

Source: Reuters

Madoff sons' estates in $23 million settlement over Ponzi scheme

June 26- The trustee recouping money for Bernard Madoff's victims has reached more than $23 million of settlements with the estates of the swindler's late sons and related defendants, ending more than eight years of litigation. According to a Monday court filing, the settlement will strip the estates of Andrew and Mark Madoff of "all assets, cash, and other...

Source: Reuters