In Fraud Case, Middlemen in Spotlight
Walter M. Noel and his firm now have the distinction of being the biggest known losers in the Madoff scandal.
View ArticleFirm Built on Ties to Madoff Now Faces Tough Questions
Since Bernard L. Madoff was arrested 11 days ago in connection with a $50 billion Ponzi scheme, the Fairfield Greenwich Group has portrayed itself as an unwitting victim of the fraud, the biggest of...
View ArticleMadoff Spotlight Turns to Role of Offshore Funds
Offshore investment funds used as tax havens are being investigated as part of the Madoff fraud case.
View ArticleFunds Tied to Madoff in Legal Vise
Massachusetts’ top securities regulator has sued Fairfield Greenwich Advisors, which directed billions of dollars of its clients’ money into Bernard L. Madoff’s investment firm.
View ArticleTrustee Sues Hedge Funds Over Losses to Madoff
The latest lawsuit focuses on the Fairfield Greenwich Group, which topped the list of losers in the Madoff Ponzi scheme with more than $7 billion invested in the fraud.
View ArticleMassachusetts Rejects Deal With Firm Tied to Madoff
A proposal from the Fairfield Greenwich Group to refund the losses of nearly a dozen investors has been turned down by the state.
View ArticleMadoff Feeder Fund to Pay Millions
Massachusetts regulators reached an $8 million settlement Tuesday with one of Bernard L. Madoff’s feeder funds that calls for full restitution for the state’s victims.
View ArticleMadoff Trustee Seeks $3.6 Billion From Hedge Funds
Irving H. Picard, the court-appointed trustee, claimed the Fairfield Greenwich Group had helped Bernard L. Madoff run his Ponzi scheme.
View ArticleWith Ruling, Madoff Feeder Faces Fewer Claims
A federal judge refused to dismiss an investor lawsuit against Fairfield Greenwich Group, a hedge fund firm accused of funneling money to the now-imprisoned Bernard Madoff for his massive Ponzi scheme.
View ArticleAfter HSBC, Madoff Trustee May Pursue Mets' Owners
HSBC is the third major financial firm sued in the Madoff fraud case ahead of a Saturday filing deadline.
View ArticleAppeals Court Refuses to Void Madoff Settlements
The decision leaves intact a $410 million settlement with J. Ezra Merkin, a Wall Street hedge fund manager, and an $80 million settlement with Fairfield Greenwich.
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