Just a few days back, Rosso, in the prison yard at the Federal Correctional Institution in Butner, of North Carolina, had handed Madoff a list of questions, and the most famous financial criminal in the world vouched to write out his responses. Rosso told me that he is not a journalist but he knew he had a story. Then, suddenly, Madoff’s communication with Rosso stopped.

Prosecutors are still seeking to allege Bernard Madoff's wife, Ruth, and other relatives, as per court papers that got filed yesterday by the Ponzi king's former director of operations.

The issue is regarding Bernard L Madoff, its devious scheme and the impact of it on its owners of Mets who invested substantially to Madoff.

Bernard L. Madoff, who is currently fulfilling its sentence of 150 years in federal correctional complex in Butner, North Carolina, for deceiving investors of tens of billions of dollars in his vast Ponzi scheme, is still not repentant.

Convicted swindler Bernard Madoff has been shifted to the Federal Medical Center in Butner, North Carolina.

As per reports, the Bureau of Prisons spokeswoman Traci Billingsley informed that Mr. Madoff was getting treatment for dizziness and hypertension.

Traci Billingsley also denied reports that Mr. Madoff was assaulted in the prison. 

The mastermind behind the world's biggest Ponzi fraud, Bernard Madoff, revealed in an in-jail interview with SEC Inspector General David Kotz exactly how he had managed to get away with the scheme for so long.

If some one befools me once then shame on him; but if someone befools me twice then shame on me.

Though, Bernie Madoff the master-mind of Ponzi schemes is going to spend 150 years in prison for duping investors of approximately $65 billions, yet the world has not got rid of Madoff-type advisers.

The Securities and Exchange Commission charged a brokerage firm Cohmad Securities and four people with securities fraud, alleging they channeled billions of dollars into Wall Street trickster Bernard Madoff's massive Ponzi scheme.

New York  - The decades-long Ponzi scheme of Bernard Madoff is one of the largest frauds in financial history.

Past investors were paid enticing returns from money paid in by new investors, until last year's steep decline in stocks and other assets unravelled the swindle:

Washington  - Bernard Madoff, who allegedly bilked 50 billion dollars from tens of thousands of individual investors and banks around the world, could be near to pleading guilty after prosecutors on Friday notified the federal court that they could bring new criminal charges against him.