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“The Monster of Wall Street’ out Wednesday” The day in December 2008 when FBI agents put Ponzi schemer Bernie Madoff in cuffs will be remembered for generations — and not just by the people who lost everything. The numbers were staggering. A whopping $19 billion, all gone, stolen from more than 40,000 investors — the New York…
“How Sam Bankman-Fried ‘Madoff’ with regulators” To his credit, Securities and Exchange Commission chief Gary Gensler is arguing that the Sam Bankman-Fried crypto scandal doesn’t mean we need more regulations to rein in digital-coin excess and fraud. Laws are on the books that give the current regulatory and legal system plenty of tools to prosecute…
“Sam Bankman-Fried vows to testify before Congress — as Madoff lawyer advises ‘don’t talk’” Discredited FTX founder Sam Bankman-Fried has pledged to testify before Congress about his cryptocurrency platform’s meltdown — even as the top lawyer for the late Ponzi scheme mastermind Bernie Madoff advised him to keep his mouth shut. Bankman-Fried’s vow to appear…
“Sam Bankman-Fried rejects Bernie Madoff comparison, squirms during tense interview” Disgraced FTX founder Sam Bankman-Fried pushed back on critics who have compared him to the late Ponzi schemer Bernie Madoff, even as he deflected questions over whether he might be headed to jail. The 30-year-old former crypto kingpin claimed during a Thursday interview with ABC’s…
“Bernie Madoff’s Montauk pad returns for sale with price hike” The late Bernie Madoff’s longtime Hamptons home has returned for sale, listing for $22.5 million. That comes at a bit of a price hike, considering the owner, Vornado Realty Trust honcho Steven Roth, has been trying to sell the three-bedroom, three-bathroom estate in Montauk over…
“#Bernie Madoff died of kidney disease, hypertension according to death certificate” Bernie Madoff died from chronic kidney disease, hypertension and plaque build-up in his arteries, according to his death certificate. Atherosclerosis, the hardening and narrowing of arteries, and aortic stenosis, a valve disease, contributed to the 82-year-old Ponzi schemer death, according to the document obtained by…
“#Letters to the Editor — April 16, 2021” The Issue: Democrats’ introduction of a bill that would add four seats to the Supreme Court. There should not be absolute power on either side (“Dems bid to pack the court,” April 15). Democracy as defined or implied by the Declaration of Independence and the Constitution should…
“#Bernie Madoff’s secrets revealed by his prison pen pal” For 12 years, business journalist Jim Campbell has interviewed members of Bernie Madoff’s family and exchanged letters with the fraudster himself in prison. His new book, “Madoff Talks,” comes out in two weeks. Here, Campbell reveals some of what he learned about the notorious case. “Jim,…
“#Bernie Madoff, infamous Ponzi schemer, dead at 82” Bernie Madoff, whose $65 billion Ponzi scheme made him one of the world’s most-hated criminals and destroyed even his own family, has died at the secure federal medical center in Butner, North Carolina, where he was serving a 150-year prison sentence, according to a report Wednesday. The…
“#Fred Wilpon’s complicated Mets legacy could never overcome Madoff stain” For most of the 37 years in which he owned the Yankees, a quote George Steinbrenner issued on the day he officially put together a group to purchase his baseball team alternately haunted him and caused gales of laughter in his wake because of the…