Bernie Madoff

Do Kwon Pleads Not Guilty In U.S. Courtroom  According to a Reuters report, Do Kwon, co-founder of Terraform Labs, the incubator of TerraUSD (CRYPTO:USTC) and Luna (CRYPTO: LUNC) pleaded not guilty on Thursday to criminal fraud charges in a U.S. court.  Kwon was handed over to U.S. law...

The long-awaited sentencing for cryptocurrency fraudster and FTX co-founder Sam Bankman-Fried was announced Thursday, Match 28, by Judge Lewis A. Kaplan. Bankman-Fried, 32, was found guilty of fraud charges related to his actions at FTX and Alameda Research. He received 25 years in prison. The...

Russian President Vladimir Putin has announced a list of 500 individuals who are now facing travel and financial restrictions, which includes BJ Kang, the head of investigations for Binance.US and a former FBI agent. This move is believed to be in response to recent sanctions imposed by the United...

A search on eBay Inc (NASDAQ: EBAY) shows 130 results for “Silicon Valley Bank,” the regional bank that was recently shut down and taken over by the FDIC. The bank, a unit of SVB Financial Group (NASDAQ: SIVB), is now the subject of a rush from collectors for authentic merchandise and...

Forensic accountant and financial fraud investigator Harry Markopolos is perhaps best known for producing early research suggesting Bernie Madoff was running on a Ponzi Scheme. On Thursday, he dominated financial headlines again for publishing a report against General Electric Company (NYSE: GE)....

General Electric Company (NYSE: GE) called a report published by Bernie Madoff whistleblower about allegations of financial struggles "entirely false and misleading." What Happened Harry Markopolos, a financial fraud investigator and forensic accountant best known for presenting evidence...

Convicted ponzi schemer Bernard "Bernie" Madoff is reaching out to the Department of Justice for clemency, according to CNBC.  Madoff is serving a 150-year prison sentence, and it is reasonable to assume the 81-year-old disgraced financier will live out his last days...

Online broker stocks took a hit Tuesday after CNBC reported JPMorgan Chase & Co. (NYSE: JPM) will introduce a new free trading service that will be available to its 47 million online and mobile banking customers starting next week. PreMarket Prep co-host Dennis Dick discussed the...

Each day, Benzinga will take a look back at a notable market-related moment that happened on this date. What Happened? On this day in 2008, Bernard Lawrence “Bernie” Madoff was arrested on charges of fraud after orchestrating the largest Ponzi scheme in history. Where Was The Market...

Chelsea Manning, Edward Snowden, Julian Assange, Deep Throat. You know the names. Whether you consider them informants, patriots or glorified tattle-tales, whistleblowers have significantly impacted United States history. They‘ve alerted us to illegal or unethical activity in public and...

The decades-long story of Bernie Madoff begins in the dark corners of a Wall Street office and ends on Time Warner Inc (NYSE: TWX)’s HBO. Barry Levinson’s “The Wizard Of Lies,” based on a book by Diana Henriques, debuted Saturday and gave a glimpse into the non-financial...

Charles and David Koch are billionaire brothers that run Koch Industries. They're known for their savvy investments in various sectors, but one of their investments may have flown under the radar: An investment with Bernie Madoff. The Koch brothers invested an unknown amount of money with...

July 1 has been referred to colloquially as Bobby Bonilla Day in many circles. Bonilla was a six-time Major League Baseball All-Star outfielder. He played for eight teams between 1986 and 2001. That included two stints with the New York Mets from 1992-1995 and 1999. The Mets are still paying him...

A recent article on Benzinga reported on how scandals can be rewarding for investors. Often times, companies having problems that do not affect the core business model or essential operations will recover. That happened in recent years with BP, Caterpillar, and Wal-Mart, among others. The...

Bernie Madoff was so five years ago, but for JPMorgan Chase (NYSE: JPM), the case is still very much right now. Federal authorities might be planning to take action against the bank, claiming that it chose to look the other way when suspicious activity took place in Madoff’s accounts. Madoff...