Lawyers

• Five Former Maddoff Employees Lose in Appeal on Wednesday

  U.S. Court of Appeals in New York rejected arguments by lawyers of five former employees who worked for Bernard Madoff. The court on Wednesday concluded that five of them were convicted at a fair trial.

• PwC agrees to pay $55 million to settle Madoff Feeder Fund case

  The accounting giant, PwC, agreed to pay $55 million to settle claims by the victims of Bernard Madoff's Ponzi scheme. PwC is alleged to fail to audit properly the books of Fairfield Greenwich Group, the biggest operator of Madoff's feeder funds.

• Geneva wealth managers pay defrauded investors to settle Madoff case

  Five former Geneva wealth managers have paid "substantial compensation" to settle criminal complaints brought by clients whose assets they had invested with U.S. fraudster Bernard Madoff, the Geneva prosecutor's office said on Friday.

• Final Madoff defendant sentenced to six months in prison

  Irwin Lipkin, one of Bernard Madoff's longest-serving employees, was sentenced to six months in prison on Wednesday for falsifying records that helped the imprisoned fraudster carry out his multibillion-dollar Ponzi scheme.

• Madoff feeder fund settles; victims' recovery tops $10.6 billion

  The trustee recovering money for Bernard Madoff's victims on Monday announced a settlement to recoup $93 million from a "feeder fund" that sent client money to the swindler's firm, boosting the total sum raised to roughly $10.65 billion.

• Appeals court decision may speed new payout to Madoff victims

  Victims of Bernard Madoff's massive fraud are not entitled to inflation or interest adjustments on their claims, a federal appeals court ruled on Friday, in a decision that could speed the return of more than $1 billion to the swindler's former customers.

• Payout to Madoff victims tops $7.2 billion

  The trustee liquidating Bernard Madoff's firm on Monday said he is distributing another $355.8 million to the swindler's victims, bringing the total payout to more than $7.2 billion.

• U.S. prosecutors seek longer sentences for Madoff aides

  U.S. prosecutors plan to ask an appeals court to review the prison sentences given to five former employees of Bernard Madoff, after earlier questioning whether the sentences were too short, according to court filings.

• Madoff victims' payout nearing $7.2 billion

  Victims of Bernard Madoff's massive Ponzi scheme will get afresh $322 million payout if a U.S. judge approves the request by the trustee liquidating the convicted fraudster's firm, bringing the recovery total to more than $7 billion.

• Ex-Madoff manager sentenced to six years prison for fraud

  A former manager at Bernard Madoff's firm was sentenced to six years in prison on Monday for helping her now imprisoned boss carry out his multibillion dollar Ponzi scheme.

• Ex-Madoff computer programmer gets 2-1/2 years prison for fraud

  A former computer programmer for Bernard Madoff was sentenced to 2-1/2 years in prison on Wednesday for helping the imprisoned fraudster carry out his multibillion dollar Ponzi scheme.

• Five ex-Madoff aides face up to 20 years in prison

  Five former employees of Bernard Madoff, convicted in March of helping the fund manager bilk investors of billions of dollars in his massive Ponzi scheme, will be sentenced this week, with prosecutors seeking prison terms of up to 20 years.

• US prosecutors challenge expert witness for Madoff ex-aide's defense

  US prosecutor Assistant Attorney Matthew Schwartz wrote in a letter to the court that claims to former Bernard Madoff executive Daniel Bonventre's vulnerability was inappropriate and that it does not say whether he was been fooled or lied to by his former employer.

• US bankruptcy judge approves JPMorgan's $543M settlement with Madoff trustee

  US Bankruptcy Judge Stuart Bernstein approved JPMorgan Chase & Co's to pay $325 million to Bernard Madoff lawsuit trustee Irving Picard and another $218 million to settle two other cases that Picard helped file, Bloomberg said in a report.