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.

• US charges Miami-area bank Gibraltar Private Bank and Trust Company over lapses linked to Ponzi lawyer

  U.S. regulators charged Gibraltar Private Bank and Trust Company $4 million for lapses. The bank allegedly failed to report suspicious transactions linked ex-lawyer Scott Rothstein, who ran the Ponzi scheme.

• Agape World former broker Jason Keryc sentenced to 9 years in jail over Ponzi scheme

  Agape World's former broker, Jason Keryc, was sentenced to nine years in prison and penalty of $179 million as restitution over a Ponzi scheme. The scheme defrauded around 3,800 investors of more than $150 million.

• Ex-Broker Guilty of Ponzi-Like Scheme Sentenced to 9 Years in Prison

  Jason Keryc has been found guilty by a District Judge for being part of a Ponzi-like scheme and has been sentenced to 9 years in Prison.

• Ex-Cay Clubs Resorts president sentenced 40 years in prison for $300 million real estate scam

  The ex-president of Cay Clubs Resorts was given a sentence of 40 years in jail. He orchestrated a $300 milion real estate ponzi scheme against his investors.

• 21 Persons Involved in China's Biggest Financial Fraud in History Arrested

  Ezubao founder, Ding Ning, and 20 of his employees were arrested on suspicion of fleecing $7.6 billion from its 900,000 investors. In just just 18 months, Ezubao has become the most spectacular player in China's online investment industry.

• Ex-Viking Stu Voigt, business partner face criminal charges for alleged real estate scam

  Ex-Minnesota Vikings tight end Stu Voigt and his business partner Jeffery Gardner faces trial over Ponzi scheme. Voigt is charged with falsifying a loan application and bank fraud, while Gardner is facing the same charges and an additional mail fraud.

• Ex-NBA player Tate George sentenced to 9 years behind bars for fraud

  Former NBA star Tate George was sentenced for nine years in prison. George tricked his victims into investing on his real estate business.

• 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.

• 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.

• JPMorgan’s new approach to probing suspect transactions sparks internal friction

  Clashes over strategy within JPMorgan Chase & Co’s compliance operations have led to the departure of a series of managers in the past year, according to three of those who have left.

• 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.

• Ex-Madoff manager, computer programmer get prison terms

  A former manager and a former computer programmer at Bernard Madoff's firm were sentenced to prison on Tuesday for helping the convicted fraudster run a multi-billion dollar Ponzi scheme.

• Madoff says fraud in Wall Street is impossible in dated video

  Videos of convicted felon Bernard Madoff about doing fraud on Wall Street has been played in a federal court today to help bolster the case of the five former employees who were accused of conspiring with the former billionaire to dupe $17.5 billion in total from investors, Bloomberg said in a report.

• $7 Billion Swindle: Investors in R. Allen Stanford's Ponzi Scheme Could Soon Get Money Back

  Investors in a $7 billion Ponzi scheme orchestrated by former Texas tycoon R. Allen Stanford could finally begin getting back some of what they lost in the next few months, after a recovery process that has dragged on for more than four years. Investors, some of whom lost their life savings, will see only a pittance of what they put into the scheme, but "the process got a boost this past week as parties that had been battling each other for control of about $300 million in frozen foreign bank accounts and other assets once owned by Stanford reached an agreement to work together."

• Michael Winans Sentenced: Member of Famous Gospel Music Family Sentenced to 14 Years for $8 Million Fraud, Ponzi Scheme

  A member of the gospel music Winans family has been sentenced to nearly 14 years in prison for an $8 million financial scam that was promoted in church pulpit.