Ponzi-scheme

In this age of Ponzi-scheme blowups and complex financial instruments that self-destruct in times of crisis, such a notion sounds too good to be true.

Beat the Market—With Less Risk Ben Levisohn 2011

The trustee chasing down cash for Ponzi-scheme operator Bernard Madoff 's swindled investors has won the right to quickly appeal a ruling that slashed much of nearly $20 billion in claims against J.P. Morgan Chase & Co .

Madoff Trustee Is Cleared to Appeal J.P. Morgan Ruling Jacqueline Palank 2011

His lawyers have asked that he be assigned to the Butner Federal Correctional Complex near Raleigh, N.C., where convicted Ponzi-scheme operator Bernard Madoff is serving a 150-year sentence.

Rajaratnam Date to Report to Prison Delayed Chad Bray 2011

A former trader at convicted Ponzi-scheme operator Madoff's firm became the latest person to plead guilty in the decades-long scam, almost three years after the fraud came to light.

What's News 2011

Mr. Rajaratnam's lawyers asked that their client be sent to the Butner Federal Correctional Complex near Raleigh, N.C., where convicted Ponzi-scheme operator Bernard Madoff is serving a 150-year sentence.

Trader Draws Record Sentence Susan Pulliam 2011

NEW YORK — The U.S. Department of Labor sued a group of investment companies that fed investor funds to convicted Ponzi-scheme operator Bernard Madoff.

Madoff Feeder Funds Sued Chad Bray 2010

As this case also shows, sometimes the survivors are also the cause, since they probably knew what was about to happen before it occurred (i.e. Bernie Madoff 's Ponzi-scheme and Goldman-Sach's mad rush to package and sell derivatives and betting against there value increasing).

Gary Stein: The Big Squeeze -- Unwitting Tenants Caught Between Defaulting Owners and the Banks Gary Stein 2010

Mr. Obama set up a n interagency task force in November 2009 to investigate financial fraud and root out scam artists and Ponzi-scheme operators.

Justice Department Funding Would Rise Maya Jackson Randall 2011

As this case also shows, sometimes the survivors are also the cause, since they probably knew what was about to happen before it occurred (i.e. Bernie Madoff 's Ponzi-scheme and Goldman-Sach's mad rush to package and sell derivatives and betting against there value increasing).

Gary Stein: The Big Squeeze -- Unwitting Tenants Caught Between Defaulting Owners and the Banks Gary Stein 2010

The Securities and Exchange Commission has agreed to settle civil charges against associates of convicted Ponzi-scheme operator Bernard Madoff.

SEC to Settle With Madoff Figures Kathy Shwiff 2010