Bernard Madoff arrested, charged with fraud

Bernard Madoff, a Wall Street trader who founded Bernard L. Madoff Investment Securities LLC, was arrested and charged on Thursday with allegedly running a multi-billion dollar Ponzi scheme

NEW YORK (Reuters) - Bernard Madoff, a longtime fixture on Wall Street, was arrested and charged on Thursday with allegedly running a $50 billion Ponzi scheme, U.S.

NEW YORK (Reuters) - Commodities trader and hip-hop promoter Tyrone Gilliams was arrested Wednesday on charges of running a $4 million investment scam, according to a criminal complaint filed by federal prosecutors in New York.

Reuters - Bernard Madoff, a longtime fixture on Wall Street, was arrested and charged on Thursday with allegedly running a $50 billion Ponzi scheme, U.S. authorities said.

NEW YORK — Peter Madoff will serve 10 years in prison for his role in his older brother’s multibillion-dollar Ponzi scheme, a U.S. judge said on Thursday. Peter Madoff, 67, pleaded guilty in June to criminal charges including conspiracy to commit securities fraud for falsifying the books and records of the investment advisory company founded by his brother, Bernard Madoff. I am deeply ashamed of my conduct. I accept full responsibility for my actions

Former Nasdaq chairman Bernard Madoff was arrested Thursday and charged with a single count of securities fraud for allegedly operating a multibillion-dollar Ponzi scheme from his investment advisory business, federal authorities said.