Bernie Madoff

ProPublica and Huff Post: Picower was Madoff’s largest recipient… was he complicit?

Jeffry Picower may have been the biggest recipient of money stolen by Bernard Madoff, according to this ProPublica story on the HuffingtonPost. Picower, the secretive businessman, may have withdrawn more than $5.1 billion from the account that he had with Madoff securities, according to a lawsuit filed against Picower by the trustee for Madoff’s victims, […]

Another ‘Madoff’ or ‘wild allegations’?

An accused swindler being called “our local Madoff” in Sydney’s tight-knit Jewish community of expatriate South Africans says “Time will demonstrate that I have defrauded no one.”