Search results
8 lut 2016 · Last week’s ABC mini-series chronicled the most famous financial fraud in recent American history: Bernard Madoff’s $50 billion Ponzi scheme, which devastated elite institutions and...
Madoff targeted wealthy American Jewish communities, using his in-group status to obtain investments from Jewish individuals and institutions. Affected Jewish charitable organizations considered victims of this affinity fraud include Hadassah, the Women's Zionist Organization of America , the Elie Wiesel Foundation and Steven Spielberg 's ...
In the two years that followed, at least 13 Jewish organizations that were victims of Madoff answered yes to the question on their tax returns. Several of the organizations provided...
12 gru 2023 · The announcement, made 15 years after Madoff’s arrest — and more than two years after he died in prison — underscored the continuing impact of his nearly $65 billion securities fraud scam.
30 cze 2021 · Bernie did a stunning amount of human as well as financial damage across the world. He caused particularly great harm to numerous Jewish communities, both at the individual level and to Jewish philanthropic organizations. He employed the well-established technique of “affinity fraud.”
14 kwi 2021 · Bernard Madoff, who died at 82, was a financier to the Jewish world. His ponzi scheme disrupted the entire landscape of Jewish philanthropy.
11 gru 2023 · The Justice Department announced today that the Madoff Victim Fund (MVF) began its ninth distribution of over $158.9 million in funds forfeited to the U.S. government in connection with the Bernard L. Madoff Investment Securities LLC (BLMIS) fraud scheme.
