updated Tue. April 9, 2024
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Patch.com
April 25, 2018
As the Washingtonian delved deep into the D.C. life of Amazon founder Jeff Bezos recently, the magazine uncovered a stunning anecdote involving Bezos, Ted Leonsis, and Bernie Madoff. The story quotes Washington Capitals and Wizards owner Ted Leonsis, who recalled meeting Bezos in 1994 and theÃâà...
CNBC
April 24, 2018
Amazon.com might never have happened without Bernard L. Madoff. Jeff Bezos once worked at D.E. Shaw, the quantitative hedge fund. But he quit in the early 1990s to open the online bookstore that would make him famous. According to an article in Washingtonian magazine, Bezos ran his Amazon ideaÃâà...
The Real Deal
April 18, 2018
CLockwise from top left: Vornado's Steven Roth is listing Bernie Madoff's onetime Montauk home for $21M, a developer has filed a $100M lawsuit against Southampton for blocking its project, George Stephanopoulos found a buyer for his Southampton home and a group of three properties on Sag Harbor'sÃâà...
South China Morning Post
April 14, 2018
After Bernard Madoff's Ponzi scheme collapsed in 2008, the US Marshals Service seized all of his family's assets. Prosecutors estimated the scale of the fraud to be $64.8 billion, based on the accounts of his 4,800 clients. Among the silverware, jewellery, cars and boats, authorities took possession of aÃâà...
Observer
April 13, 2018
Last night the Justice Department approved a $504.2 million payment to the victims of Bernard Madoff, whose Ponzi scheme was the biggest investment ... “We cannot undo the damage that Bernie Madoff has done, but today's distribution will provide significant relief to many of the victims of one of the worstÃâà...
New York Times
April 12, 2018
“In one of the most notorious and unconscionable financial crimes in history, Bernie Madoff robbed tens of thousands of individuals, pension plans, charitable organizations and others, all the while funding a lavish personal lifestyle,” Mr. Sessions said in a statement. “We continue to work to compensateÃâà...
Fortune
April 11, 2018
After Bernard Madoff's Ponzi scheme collapsed in 2008, the U.S. Marshals Service seized all of his family's assets. Among the silverware, jewelry, cars, and boats, authorities took possession of a relatively modest, 3,000-square-foot beachfront home in Montauk, N.Y., on the easternmost tip of Long Island.
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