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Highlights
Bernard Madoff

Bernard Madoff's family turned him in to authorities in December, blowing the whistle on what authorities said he described as a "giant Ponzi scheme."

Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.

The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.

He is free on bail but must stay at his Upper East Side apartment.
 Show more »
Bernard Madoff's family turned him in to authorities in December, blowing the whistle on what authorities said he described as a "giant Ponzi scheme."

Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.

The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.

He is free on bail but must stay at his Upper East Side apartment.
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    May 22, 2013 |Story| Los Angeles Times
  1. Letters: Enron's Skilling and his jail cell

    Re "Skilling doesn't deserve a break," Column, May 19 Jeff Skilling, the chief executive of Enron when it defrauded investors before its collapse in 2001, still believes he has the power to extort or bribe his way out of jail. It scares me to think that...

    Tags: Arthur Andersen, Prisons, Punishment, Crime, Law and Justice

  2. Apr 23, 2013 |Column| Los Angeles Times
  3. Elie Wiesel, history's witness

    It was a fine April day last week that found Elie Wiesel at Chapman University; it was a fine April day too, 58 years earlier, when the gaunt, teenage Wiesel found himself alive and suddenly free to walk out of the Buchenwald concentration camp. In the decades since, Wiesel's impassioned writing and speaking have won him a Nobel Peace Prize, and a large place in the public intellectual discourse about the Holocaust and the human condition. They have also brought him to Chapman each spring for the last three years as a distinguished presidential fellow, meeting with students and faculty to keep the significance of the Holocaust green in their minds.
    It was a fine April day last week that found Elie Wiesel at Chapman University; it was a fine April day too, 58 years earlier, when the gaunt, teenage Wiesel found himself alive and suddenly free to walk out of the Buchenwald concentration camp. In the...

    Tags: Freedom of the Press, Israel, Politics, Religion and Belief, Awards and Prizes

  4. Apr 10, 2013 |Story| Los Angeles Times
  5. Madoff investors cannot sue SEC, federal appeals court says

    Investors who lost big when Bernard Madoff’s Ponzi scheme unraveled cannot sue federal regulators, despite the government’s “regrettable inaction,” a federal appeals court ruled.
    Investors who lost big when Bernard Madoff’s Ponzi scheme unraveled cannot sue federal regulators, despite the government’s “regrettable inaction,” a federal appeals court ruled. Madoff victims had sued, arguing that the...

    Tags: U.S. Securities and Exchange Commission, Mary Schapiro

  6. Feb 26, 2013 |Story| Los Angeles Times
  7. Bernard Madoff urges investigators to keep pursuing big banks

    Imprisoned money manager Bernard Madoff is encouraging those investigating his massive Ponzi scheme to keep going after banks he alleges were complicit in the fraud.
    Imprisoned money manager Bernard Madoff is encouraging those investigating his massive Ponzi scheme to keep going after banks he alleges were complicit in the fraud. Madoff, who is serving a 150-year sentence for defrauding investors out of billions...

    Tags: Fox Business Network (tv network)

  8. Jan 7, 2013 |Story| Los Angeles Times
  9. Pre-inaugural books on civics for history geeks

    You’re not necessarily a history geek if you shed a tear during Steven Spielberg’s excellent biopic “Lincoln,” which relates the struggle to pass the 13th Amendment to the Constitution and forever outlaw slavery.
    You’re not necessarily a history geek if you shed a tear during Steven Spielberg’s excellent biopic “Lincoln,” which relates the struggle to pass the 13th Amendment to the Constitution and forever outlaw slavery. However, you are...

    Tags: Steven Spielberg, Abraham Lincoln, Ronald Reagan, Martin Luther King Jr., Daniel Day-Lewis

  10. Jan 23, 2013 |Story| Los Angeles Times
  11. Letters: Are all liars created equal?

    <a href="http://www.latimes.com/news/science/la-sci-lying-20130119%2C0%2C697761.story">Re "Like him, we are all liars," Opinion, Jan. 19</a>
    Re "Like him, we are all liars," Opinion, Jan. 19 Not all lies are of the same breadth, depth and impact. Size does matter. By his own admission, Lance Armstrong is a liar. But lying only matters if you get caught — right, Bernie Madoff? Wall...

    Tags: Lance Armstrong, Oprah Winfrey

  12. Nov 28, 2012 | Los Angeles Times
  13. Durkee attorney challenges number of fraud victims listed by feds

    PolitiCal
    Kinde Durkee attorney says number of fraud victims ``overstated.''...
  14. Nov 26, 2012 |Story| Los Angeles Times
  15. SEC chief Mary Schapiro to step down

    WASHINGTON -- Mary Schapiro said Monday she will step down as chairwoman of the Securities and Exchange Commission next month.
    WASHINGTON -- Mary Schapiro said Monday she will step down as chairwoman of the Securities and Exchange Commission next month. Schapiro, who has headed the Wall Street watchdog since 2009, had been widely expected to depart the commission after the...

    Tags: Fiscal Cliff, Finance, Banking, Mary Schapiro, Citigroup Incorporated

  16. Jan 7, 2013 |Story| Los Angeles Times
  17. Previewing 2013's books [Google+ Hangout]

    Join book critic David L. Ulin and me for a video chat about the books we're looking forward to in 2013. We'll be talking live Tuesday at 10 a.m.
    Join book critic David L. Ulin and me for a video chat about the books we're looking forward to in 2013. We'll be talking live Tuesday at 10 a.m. In part, the conversation will preview my article in Sunday's Los Angeles Times, which looks at the hot...

    Tags: Social Media, Rick Moody

  18. Jan 5, 2013 |Story| Los Angeles Times
  19. The Bernard Madoff book collection: Rick Moody, Fyodor Dostoevsky

    How does an author of seriously literary fiction discover one of his books was owned by Bernie Madoff, the investor who defrauded his clients of billions of dollars? He sees it listed in an auction on EBay. That's how Rick Moody came to know that Madoff's library included <a href="http://www.ebay.com/itm/BOOK-OWNED-BY-WALL-STREET-PONZI-BERNARD-BERNIE-MADOFF-Purple-America-Rick-Moody-/261150330240?pt=US_Nonfiction_Book&amp;hash=item3ccdc5cd80">his novel "Purple America</a>."
    How does an author of seriously literary fiction discover one of his books was owned by Bernie Madoff, the investor who defrauded his clients of billions of dollars? He sees it listed in an auction on EBay. That's how Rick Moody came to know that Madoff's...

    Tags: Emily Dickinson, eBay Inc., Tom Clancy, Willa Cather, Authors

  20. Jun 29, 2012 |Story| Los Angeles Times
  21. Peter Madoff pleads guilty, faces 10 years in prison

    Bernard Madoff's younger brother Peter pleaded&nbsp; guilty in federal court in Manhattan, the first of the swindler's kin to face charges in history's largest Ponzi scheme.
    Bernard Madoff's younger brother Peter pleadedĀ  guilty in federal court in Manhattan, the first of the swindler's kin to face charges in history's largest Ponzi scheme. Peter Madoff, who for years worked as the chief compliance officer and senior...

    Tags: Prosecution, Prisons, Justice System, Punishment, Trials

  22. Jun 25, 2012 |Story| Los Angeles Times
  23. Madoff middleman J. Ezra Merkin to pay $410 million in settlement

    Money manager and Bernie Madoff associate J. Ezra Merkin will pay $410 million to compensate investors after losing more than $1.2 billion of their money to Madoff&rsquo;s Ponzi scheme.
    Money manager and Bernie Madoff associate J. Ezra Merkin will pay $410 million to compensate investors after losing more than $1.2 billion of their money to Madoff’s Ponzi scheme. New York Atty. Gen. Eric T. Schneiderman on Monday called the...
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Bernard Madoff Photos
Boxes of Bernard Madoff's books sold at auction.
(January 5, 2013)
Boxes of Bernard Madoff's books
Dubbed the second coming of Bernie Madoff, Texas billio...
(October 22, 2012)
R. Allen Stanford
Disgraced money manager and former Nasdaq chairman Bern...
(October 22, 2012)
Bernard Madoff