You may want to ask for help with your investment strategy, but never give up control of your money.

Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme nearly two decades ago, when the criminal operation collapsed.

When Bernard Madoff was sentenced to one hundred fifty years in prison last week, what was most striking was the stridency of the chorus of outraged New Yorkers outside the Manhattan courthouse, all ...

Bernie Madoff didn't just affect investors when his historic Ponzi scheme was exposed — his family, including his wife Ruth Madoff, was severely impacted as well. According to Reuters, prosecutors ...

The trustee seeking to reclaim investors’ lost assets in the Bernard Madoff case alleged in a court filing last week that the philanthropist Carl Shapiro and his family foundation reaped more than ...

Madoff, 81, is serving a 150-year prison sentence in a North Carolina federal facility for orchestrating the largest Ponzi scheme in history at his firm, Bernard L. Madoff Investment Securities in New ...

Bernie Madoff, the former investment adviser with powerful connections who was convicted of running one of the largest Ponzi schemes in U.S. history has died in prison. He was 82. The Associated Press ...

A dying Ponzi king Bernard Madoff lost his bid for early release from prison Thursday when the judge who sentenced him to 150 years behind bars said he intended for him to die there and nothing has ...

Ponzi schemes usually do not feel dangerous at first. They feel familiar, comfortable, and easy to trust. That is part of how they work. Even though these scams have been around for over a hundred ...

Bernard Madoff, the infamous architect of an epic securities swindle that burned thousands of investors, outfoxed regulators and earned him a 150-year prison term, died behind bars early Wednesday. He ...