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Tag: Bernie Madoff

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  • Madoff says his scheme was not betrayal of the Jews

    March 20, 2014 | 10:48 am

    Ponzi schemer Bernie Madoff said in a prison interview that he does not feel he “betrayed the Jews.”

    The scheme — believed to be the largest of its kind in U.S. history — affected a disproportionate number of Jewish individuals and organizations.

    Madoff, 70, is serving a...

  • ‘The Wolf’ and the Jewish problem

    By Rob Eshman

    December 31, 2013 | 1:54 pm

    “The Wolf of Wall Street” is nauseating, pornographic and soul-crushing — and you have to see it.

    You have to see it, because you — meaning society, Jews, all of us as individuals — have to face the questions it raises about money, wealth and morality. 

    Director Martin Scorsese...

  • Report: At least 18 Jewish groups reported ‘diverted’ funds

    October 28, 2013 | 10:09 am

    At least 18 Jewish non-profit groups and non-profit groups that support Israeli institutions have notified tax authorities of likely illegal “diversions” of funds in the past five years.

    The Washington Post on Sunday published its review of more than 1,000 non-profit...

  • The one question Madoff’s victims forgot to ask

    By Mark Eshman

    April 24, 2013 | 10:30 am

    (3/29/12 – CBS Marketwatch) Bernie Madoff: “From my first interview to the media I have said that ‘the banks must have known,’ and were complicit and contributing to my crime.”

    He’s back.  In a pathetic effort to reduce his 150 year sentence while also offering his unsolicited...

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  • Madoff’s younger brother sentenced to 10 years for role in Ponzi scheme

    December 20, 2012 | 5:26 pm

    The younger brother of Bernard Madoff will serve 10 years in prison for his role in his brother's Ponzi scheme that stole billions of dollars from investors, a U.S. judge said on Thursday.

    Peter Madoff, 67, pleaded guilty in June to criminal charges including conspiracy to commit...

  • Elie Wiesel on Oprah Dec. 9: Sneak peak Q & A [VIDEO]

    By Naomi Pfefferman

    December 8, 2012 | 11:02 am

    Eight years ago, Holocaust survivor and author Eli Wiesel took Oprah Winfrey on a tour of Auschwitz, which she has described as a life-altering experience.  On Sunday, Dec. 9, Wiesel will again speak with Oprah, this time on a "Super Soul Sunday" episode (set to air on OWN – the...
  • Madoff associate Merkin agrees to hand over $400 million

    June 25, 2012 | 10:53 am

    Former money manager J. Ezra Merkin has agreed to turn over hundreds of millions of dollars to duped investors in Bernard Madoff’s Ponzi scheme.

    In a settlement announced Monday by New York Attorney General Eric Schneiderman, Mirkin agreed to pay $405 million to compensate investors...

  • Robert De Niro to play Bernie Madoff in adaptation of Andrew Madoff’s book

    By Danielle Berrin

    November 7, 2011 | 9:21 am

    Last week, after a series of revealing interviews, Andrew Madoff released his book, “Truth and Consequences: Life Inside the Madoff Family,” an inside-look at the private pain of the family in the aftermath of their patriarch’s fall from grace. Film rights to the book were...

  • The Madoff Family Continues Their Deception

    By Ilana Angel

    November 4, 2011 | 8:36 am

    I certainly feel sorry for Ruth Madoff that she lost her son Mark, but with that said, I think his blood is all over her hands.  As I sat watching her, and her other son Andrew on 60 Minutes, I found myself getting angry.  I did not believe what either one of them said.  Something is...

  • Victims of Greed: Ruth Madoff and Kim Kardashian

    By Misha Henckel

    November 1, 2011 | 2:43 pm

    As I was watching Ruth Madoff on 60 Minutes, this Sunday, I found myself scrutinizing her visage. What I kept seeing was a woman who had lived a lavish life off the spoils of her husband’s crimes. For all the trauma she’d been through in the past few years, she still looked too...

  • Trick or tweet: Anthony Weiner and Bernie Madoff Halloween masks

    October 31, 2011 | 12:34 pm

    Are Halloween masks of Jews in the news a trick or just a new treatment?

    With a new latex mask of disgraced former Rep. Anthony Weiner now selling alongside that of convicted swindler Bernie Madoff, I wonder: In some weird way, have American Jews entered a new era of awful...

  • The Madoff mea culpas: Repenting sins not your own

    By Danielle Berrin

    October 28, 2011 | 6:30 pm

    With disgraced Ponzi schemer Bernard Madoff set to serve a life sentence in prison, it’s hard to make a case for incarceration as restorative justice. And yet, Madoff himself told ABC News correspondent Barbara Walters during an interview last week that he is happier in prison.

    ...
  • Madoff says he is happier in prison than free

    October 28, 2011 | 1:24 pm

    Financial swindler Bernard Madoff said that he is happier in prison than he was on the outside because he no longer lives in fear of being arrested and knows he will die in prison, TV journalist Barbara Walters said on Thursday.

    Walters, who spent two hours at the prison with Madoff...

  • Ruth Madoff says she and Bernie attempted suicide in 2008 [VIDEO]

    October 27, 2011 | 2:31 pm

    Ruth Madoff said in an interview that she and her husband, Ponzi schemer Bernard Madoff, attempted to commit suicide in 2008.

    Ruth Madoff told The New York Times that she and her husband made the attempt on Christmas Eve of that year in their Manhattan penthouse by overdosing on...

  • Madoff boasts he is “quite the celebrity” in prison

    October 21, 2011 | 2:17 pm

    Imprisoned financial scam artist Bernard Madoff boasted in a jailhouse letter that he is “quite the celebrity” and treated “like a Mafia don,” ABC News said on Thursday.

    ABC, which will feature an interview with Madoff’s daughter-in-law on news program “20/20” on Friday, released...

  • Unmasking Bernie Madoff

    August 23, 2011 | 3:52 pm

    “They roar like a mouse and bite like a flea.”

    That’s how whistleblower Harry Markopolos characterized members of the Securities and Exchange Commission (SEC) for their failure to heed his warnings about the worldwide financial fraud perpetrated by investment adviser Bernie...

  • Ruth Madoff reportedly to divorce Bernie

    August 15, 2011 | 1:29 pm

    Ruth Madoff will divorce her husband, Ponzi schemer Bernard Madoff, in order to reconcile with her son, a Madoff biographer said.

    Ruth Madoff, 70, reportedly has not visited her husband of 52 years in prison since their son Mark, 46, committed suicide last December, according to...

  • Author Diana Henriques talks about her new Madoff book, “The Wizard of Lies”

    By JewishJournal.com

    April 27, 2011 | 10:21 am

    Interviewed on the Today Show earlier this week, New York Times financial reporter Diana Henriques, author of the Madoff tell-all, “The Wizard of Lies,” talks about her new book, the Madoff family and the investor’s fear of failure.

    Henriques discusses Madoff’s early history with...

  • What about innocents who are executed?

    By Dennis Prager

    March 30, 2011 | 11:11 am

    I devoted my last column to the Torah’s insistence on taking the life of murderers. I noted that this was the only law in all five books of the Torah; that, unlike every other time the Torah calls for capital punishment, only with regard to murder is the death penalty declared a...

  • The Madoff Tapes: NY Magazine editor talks about his piece on Bernie Madoff [AUDIO]

    By JewishJournal.com

    February 28, 2011 | 6:50 pm

    NPR interviews NY Magazine editor Steve Fishman on his coverage of Bernard Madoff and audio clips that have recently been released.

  • Miley Cyrus’ Dad, Charlie Sheen and Bernie Madoff: Truth, Lies and Desperation…

    By Misha Henckel

    February 18, 2011 | 12:00 am

    But not necessarily in that order…

    Sometimes celebrities confuse interviews with therapy sessions. Take Miley Cyrus’ dad: Reeling from the breakup of his marriage and desperate to be heard, Billy Ray throws his precious daughter under the bus. In an interview with GQ magazine,...

  • From Prison, Madoff Says Banks ‘Had to Know’ of Fraud

    By JewishJournal.com

    February 16, 2011 | 9:19 am

    From NYTimes.com:

    Bernard L. Madoff said he never thought the collapse of his Ponzi scheme would cause the sort of destruction that has befallen his family.

    In his first interview for publication since his arrest in December 2008, Mr. Madoff — looking noticeably thinner and...

  • The Madoff tragedy and personal legacy

    December 14, 2010 | 4:02 pm

    As seen in The Jewish Week

    With Mark Madoff’s suicide over the weekend, we witnessed the burden of a father’s sins. The Madoff Family’s tragic narrative reinforces why a person’s legacy truly matters. To expand on this teachable moment, JInsider looked to better understand...

  • Madoff trustee seeks $19.6 billion from Austrian banker

    December 11, 2010 | 9:34 am

    From NYTimes:

    A prominent Austrian banker who portrayed herself for two years as one of Bernard L. Madoff’s biggest victims was accused on Friday of conspiring for 23 years to funnel more than $9 billion into his immense global Ponzi scheme.

    The accusations were made in a civil...

  • Madoff’s eldest son, Mark, found dead in suicide

    December 11, 2010 | 9:25 am

    From NYTimes.com:

    Mark Madoff, the older of Bernard L. Madoff’s two sons, was found dead in his Manhattan apartment on Saturday, the second anniversary of the day his father was arrested for running a gigantic Ponzi scheme that shattered thousands of lives around the world.

    ...
  • Auctioned Madoff property raises $2 million for victims

    November 15, 2010 | 1:41 pm

    Personal property of disgraced Jewish financier Bernard Madoff was sold at an auction that raised more than $2 million to repay victims of his multibillion-dollar Ponzi scheme.

    The weekend auction in New York run by the U.S. Marshals Service raised money for the Department of...

  • Madoff Son Goes AWOL

    By Rob Eshman

    October 16, 2009 | 1:32 pm

    The New York Port reports today that Bernie Madoff’s son Mark went missing last night after a fight with his wife Stephanie.  After a worried Stephanie called police, they launched a search that ended when the son, who had been the charismatic front man for his dad’s firm,...

  • Bernie Madoff Reportedly Dying of Cancer

    August 24, 2009 | 12:29 pm

    From NYPost.com:

    Madoff, who is serving 150 years at a North Carolina federal prison after pleading guilty to swindling more than $65 billion, has been telling fellow inmate he doesn’t have much longer to live.

    “He’s been taking about 20 pills a day for his cancer,” one inmate told the newspaper. “He talks about it all the time. He’s not doing very well.”

    Read the full story here.

  • Madoff Gets 150 Years in Prison

    By JewishJournal.com

    June 29, 2009 | 12:41 pm

    by Jacob Berkman, JTA

    Bernard Madoff was sentenced to 150 years in jail, the maximum sentence allowed for his crimes.

    U.S. District Court Judge Denny Chin during Monday’s sentencing called Madoff’s crimes “staggering.”

    Madoff, 71, confessed to bilking investors of up to $65...

  • Can you say fiduciary duty? Jewish nonprofits must follow new rules

    December 24, 2008 | 1:56 am

    Based on all reports, the evil criminality of Bernard Madoff has decimated the portfolios of hundreds of individuals and charitable organizations. The consequences for ongoing charitable programs and future gifts will be felt for many years to come.

    While there should be no limit to...

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