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Home » Posts tagged with » Douglas Eaton

Madoff Charged in $50 Billion-with-a-”B” Fraud, Sued by SEC [UPDATE]

Madoff Charged in $50 Billion-with-a-”B” Fraud, Sued by SEC [UPDATE]

Bernard Madoff, founder and president of a New York firm that invested funds for wealthy individuals, hedge funds and other institutions, has been charged with operating what he told employees…

Prosecutor: $380 Million Lost in Dreier Fraud

A US prosecutor estimates losses of $380 million in an alleged hedge fund fraud linked to prominent New York attorney Marc Dreier. Prosecutor Jonathan Streeter called Dreier a “Houdini of impersonation.”…