NEW YORK — Two men were charged Friday with roles in Ponzi schemes that cheated wealthy people, including some who believed they were investing in ticket businesses for popular shows like an Adele concert and Broadway’s “Hamilton.” Joseph Meli, 42, ...

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In the years before Mark Nordlicht was arrested for what’s alleged to be one of the biggest investment frauds since Bernie Madoff’s, U.S. authorities had plenty of reasons to suspect something might have been fishy about his hedge fund, Platinum ...

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Born in 1882 in Italy, Carlo showed promise as a young man. In school, though, he quickly gravitated to the opposite end of good, adopting the questionable habits and lifestyles of his far wealthier classmates. Within a year, he had ...

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ALBANY — Investors in four funds that lost more than $1.2 billion in Wall Street swindler Bernard Madoff’s Ponzi scheme will receive $410 million in payouts over the next three years, New York’s attorney general said Monday. A settlement with ...

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A jury has found that Robert Burt of Perry, Wyoming County, was a victim and not part of a day-trading Ponzi scheme that also defrauded other Perry residents. The verdict, which followed six days of testimony, was rendered after 30 minutes of deliberation.

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NEW YORK CITY — Wall Street swindler Bernard Madoff said in a magazine interview published Sunday that new regulatory reform enacted after the recent national financial crisis is laughable and that the federal government is a Ponzi scheme.

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U.S. Attorney William J. Hochul Jr. has announced that a federal jury has convicted Ian Campbell Gent, 58, and James F. Lagona, 50, of conspiracy and mail fraud. Each charge carries a penalty of up to 20 years in prison ...

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NEW YORK CITY — A historic $7.2 billion deal was approved Thursday to settle a lawsuit brought against the estate of one of the oldest and wealthiest clients of disgraced financier Bernard Madoff.

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NEW YORK CITY — The trustee trying to recover money for investors cheated by jailed financier Bernard Madoff announced a lawsuit Wednesday against the Swiss bank UBS AG and related entities and individuals, alleging they collaborated in Madoff's Ponzi scheme.

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WEST PALM BEACH, Fla. — Disgraced financier Bernard Madoff's longtime secretary is unable to make a $5 million bail and will be transferred from Florida to New York to face charges stemming from the huge Ponzi scheme.

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NEW YORK CITY — Two longtime back office employees of Bernard Madoff were arrested Thursday on charges that they helped the disgraced financier dupe investors for decades by making fictitious investments — and that they cashed in on the epic Ponzi scheme themselves.

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CENTRAL ISLIP — A New York businessman nicknamed a "mini-Madoff" because he was arrested only weeks after the billion-dollar swindler, pleaded guilty Friday to charges he orchestrated a $413 million Ponzi scheme that victimized thousands of investors.

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