Silobreaker: FACTBOX-Differing numbers of the Madoff fraud

NEWS SEARCH ANALYSIS INSIGHT

Saturday, November 21, 2009 10:30 AM

Published 10/28/2009 by Interactive Investor International

FACTBOX-Differing numbers of the Madoff fraud

The court-appointed trustee winding down Bernard L. Madoff Securities Investment LLC in New York, U.S. prosecutors, Madoff and his lawyers have all cited different figures. $170 billion - Amount U.S. prosecutors Marc Litt and Lisa Baroni said flowed through the principal Madoff account...

READ FULL ARTICLE

Share this

What others report on the same story

Madoff Ponzi losses clear $21.2B

The losses linked to Bernard Madoff's Ponzi scheme were bigger than initially thought, and now top $21.2 billion, according to the government-appointed trustee in ... - [10/29/2009 - New York Post]

Judge denies bid to spring Madoff case informant

NEW YORK - Frank DiPascali Jr., a central figure in the Ponzi scheme operated by Bernard L. Madoff, will remain in jail until his sentencing next spring, despite ... - [10/29/2009 - Minneapolis Star Tribune]

Madoff victims lost $30 billion

NEW YORK - Investors duped in Bernard Madoff's massive, decades-long Wall Street scam lost US$21.2 billion ($29.7 billion) cash, the court-appointed liquidator said ... - [10/29/2009 - Asiaone]

Madoff associate found dead - [10/28/2009 - China Securities Journal Net]

Madoff Friend Jeffrey Picower Takes Secrets to ... - [10/28/2009 - Advanced Trading]

Picower drowned following heart attack - [10/28/2009 - The Money Times]

Madoff Trustee Continuing Picower Litigation - [10/28/2009 - CNBC]

Cash Losses in Madoff Scheme Put at $21.2 Billion - [10/28/2009 - New York Times]

Madoff victims get half a billion ... and counting - [10/28/2009 - CNN Money]

Madoff victims paid $530M-plus so far, trustee ... - [10/28/2009 - USA Today]

Related Stories

First Reported 11/03/2009 - Updated 11/04/2009 - 58 Documents

Is Friehling’s Guilty Plea a Warning Shot to Madoff’s Family?

What are the takeaways from the news that David Friehling, Bernie Madoff’s former accountant, will be spending some time behind bars? (Friehling pleaded guilty to fraud and other charges Tuesday in connection with his auditing work for Madoff’s firm, ... [WSJ.com: Law Blog - 11/04/2009]

Entities: Bernard Madoff, Ponzi Scheme, Ruth Madoff, Criminal

First Reported 10/25/2009 - Updated 10/26/2009 - 92 Documents

Bernard Madoff

Autopsy: Madoff's big beneficiary drowned from heart attack

The mysterious Madoff pal who allegedly took $7 billion from the notorious scheme died of a heart attack while swimming Sunday, according to the medical examiner.Jeffry Picower, 67, drowned after suffering a massive coronary in his Florida pool, said ... [New York Daily News - 10/26/2009]

Entities: Autopsy, Bernard Madoff, Heart Attack

First Reported 10/30/2009 - Updated 10/31/2009 - 28 Documents (in Conflicts & Crime)

Madoff auditor due to plead guilty

Disgraced financier Bernard Madoff's long-time auditor is expected to plead guilty next week in a cooperation deal, US federal prosecutors have told a judge.Prosecutors said in a letter to US District Judge Alvin K Hellerstein that accountant David Friehling ... [Virgin Media - 10/31/2009]

Entities: Bernard Madoff, Fraud, David Friehling, US Attorney, Ponzi Scheme

First Reported 10/26/2009 - Updated 10/27/2009 - 18 Documents (in Conflicts & Crime)

Billionaire Killed By Stress of Madoff Money [Curses]

Billionaire investor Jeffry Picower—who made billions off of Bernie Madoff's Ponzi scheme—was found dead in his (expensive) pool Sunday. Murder??? Well, the coroner doesn't want you to think so. But clearly, Madoff's money has a deadly curse. The autopsy ... [Gawker - 10/27/2009]

Entities: Bernard Madoff, Jeffry Picower, Irving Picard, Autopsy, Ponzi Scheme

First Reported 10/30/2009 - Updated 10/31/2009 - 14 Documents (in Internet & IT)

Madoff documents reveal incredulous, unfocused SEC

* Many red flags about epic Ponzi scheme missed* Skepticism, inexperience weighed on agency's probesNEW YORK/WASHINGTON, Oct 31 (Reuters) - U.S. securities investigators raised repeated concern over how Bernard Madoff could be running an honest business, ... [Reuters - 10/31/2009]

Entities: Bernard Madoff, Corroboration, Ponzi Scheme, US Securities and Exchange Commission

First Reported 11/02/2009 - Updated 11/02/2009 - 9 Documents

Madoff surprised he was not caught sooner

It appears that no one was more surprised by the Securities and Exchange Commission's inability to uncover his fraud than convicted Ponzi schemer Bernie Madoff himself. In a jailhouse interview released late Friday by H. David Kotz, the SEC's inspector ... [TheDeal.com - 11/02/2009]

Entities: Bernard Madoff, Ponzi Scheme, H David Kotz, David Friehling

First Reported 10/31/2009 - Updated 11/01/2009 - 10 Documents

US Securities and Exchange Commission

Madoff probe shows an unfocused SEC

World US securities investigators raised repeated concern over how Bernard Madoff could be running an honest business, but never followed through on the many red flags they uncovered.Hundreds of released by U.S. Securities and Exchange Commission's portray ... [stuff.co.nz - 11/01/2009]

Entities: Bernard Madoff, US Securities and Exchange Commission, Ponzi Scheme

First Reported 10/26/2009 - Updated 10/26/2009 - 8 Documents

Madoff's billionaire beneficiary died of heart attack

Entities: Bernard Madoff, Heart Attack, Michael Bell, Jeffry Picower

First Reported 10/27/2009 - Updated 10/28/2009 - 28 Documents (in Conflicts & Crime)

French court fines Church of Scientology for fraud

WINNIPEG (CBC) - A Paris court on Tuesday fined the French branch of the Church of Scientology a total of $955,000 Cdn after finding it guilty of fraud, but did not ban the group from operating in France.The court convicted the Church of Scientology's ... [Yahoo! Canada - 10/28/2009]

Entities: Church of Scientology, Fraud, L. Ron Hubbard, France, Winnipeg

First Reported 10/29/2009 - Updated 10/29/2009 - 7 Documents

Judge Sullivan to Madoff Cooperator: Show Me Your Cards

In denying bail to Bernard Madoff’s right hand man for the second time, US District Judge Richard Sullivan seemed to have one thing on his mind at a Wednesday bail hearing in Manhattan: What kind of dirt does Frank DiPascali have on other people?Continue ... [Business Insider - 10/29/2009]

Entities: Richard Sullivan, Frank DiPascali, Bernard Madoff

First Reported 10/22/2009 - Updated 10/23/2009 - 9 Documents (in Conflicts & Crime)

Botnets Increasingly Used for Click Fraud

ClickForensics, one of the top traffic quality management companies, reports that click fraud performed with the use of botnets is on the rise. In the third quarter of this year this type of activity has registered a 15 percent rise compared to the same ... [Softpedia - 10/23/2009]

Entities: Fraud, Fraudulent, Search Engines

First Reported 10/22/2009 - Updated 10/22/2009 - 8 Documents

Lawsuit: Sex, drugs, money and Madoff

A new lawsuit alleges that convicted swindler Bernie Madoff financed a cocaine-fueled work environment and a 'culture of sexual deviance,' and he diverted money to his London, England, office when he believed federal authorities were closing in at ho ... [CNN - 10/22/2009]

Entities: Lawsuit, Bernard Madoff, KPMG

Blogs

sort by: Date \| Relevance
Bernie Madoff [Thought Experiments : The Blog - 10/30/2009] I've been reading about Bernie Madoff. This has made me wonder why people who have a lot of money always seem to want more. I want more money. I think £10 million ...
Madoff surprised he was not caught sooner [The Deal.com - 11/02/2009] It appears that no one was more surprised by the Securities and Exchange Commission's inability to uncover his fraud than convicted Ponzi schemer Bernie Madoff ...
Madoff surprised he was not caught sooner [Dealscape - 11/02/2009] It appears that no one was more surprised by the Securities and Exchange Commission's inability to uncover his fraud than convicted Ponzi schemer Bernie Madoff ...
Madoff Says S.E.C. Exams Were 'Nightmare' [DealBook - 10/30/2009] Hundreds of exhibits supporting a scathing report on the Securities and Exchange Commission's past investigations of Bernard L. Madoff were released on Friday by ...
Billionaire Killed By Stress of Madoff Money [C... [Gawker - 10/27/2009] Billionaire investor Jeffry Picower—who made billions off of Bernie Madoff's Ponzi scheme—was found dead in his (expensive) pool Sunday. Murder??? Well, the coroner ...

Audio/Video

sort by: Date \| Relevance
Madoff friend Picower dies [Reuters Video: Top News - 10/26/2009]
Madoff accountant pleads guilty [Reuters Video: Top News - 11/03/2009]
Madoff friend Picower dies [Reuters Video: Top News - 10/25/2009]
Clone scientist convicted of fraud [Reuters Video: Top News - 10/26/2009]
Widespread Workers Comp Fraud [ABC News - YouTube - 11/02/2009]

Change Password

Log in to Silobreaker

Advanced Search Options

FACTBOX-Differing numbers of the Madoff fraud