Tagged: Bernard Madoff

Ex-Madoff employees arrested

Two former employees of Bernard Madoff have been arrested and charged with securities fraud in connection with Madoff’s Ponzi scheme to defraud investors of billions of dollars. Law professor Tamar Frankel, an authority on securities law and author of “Trust and Honesty: America’s Business Culture at a Crossroads,” says a massive fraud like this cannot […]

Madoff trustee sues “feeders”

The trustee overseeing the liquidation of the estate of convicted swindler Bernie Madoff (r.) has sued 25 feeder funds and 19 individuals for wrongly enriching themselves from the multi-billion-dollar Ponzi scheme for which Madoff is serving a 150-year sentence in federal prison.  Law Professor Tamar Frankel, a securities law authority and author of “Trust and Honesty: […]

Madoff’s operations director arrested

The man who worked 30 years for Bernie Madoff overseeing the back office record-keeping staff has been arrested on fraud and conspiracy charges related to Madoff’s collapsed multi-billion dollar Ponzi scheme.  Law Professor Tamar Frankel, a securities law authority and author of “Trust and Honesty: America’s Business Culture at a Crossroad,” says the arrest may […]

Madoff sentencing

Seventy-one-year-old Bernard Madoff today gets sentenced in federal court for admitting to the biggest investment fraud in  history.  School of Law Professor Tamar Frankel, an authority on securities law and legal ethics (and who is writing a book on Ponzi schemes), can discuss Madoff’s legal legacy. Contact Tamar Frankel, 617-353-3773, tfrankel@bu.edu

Unravelling the Madoff scheme

With three new lawsuits filed against investment ”feeders” of Bernard Madoff’s alleged $65 billion “Ponzi” scheme, federal investigators are  slowing unravelling the mechanics of history’s biggest investment ripoff.  School of Law Professor Tamar Frankel, a legal-ethics expert and authority on fiduciary law, says the “middlemen” in the Madoff scheme should have know what was going on. “The more […]