It is “likely” that the SEC got rid of “some documents” from inquiries it decided not to pursue involving Bernard Madoff and such major financial firms as Goldman Sachs, Bank of America, Lehman Brothers and SAC Capital , a senior SEC official said Wednesday. But the official, enforcement director Robert Khuzami, said agency officials “do not believe that current or future investigations have been harmed” by the SEC’s long-running practice of purging files of inquiries that were closed without a full-fledged investigation. Read full article > >

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File purging not harmful, says SEC official

In the aftermath of Bernard Madoff’s epic investment fraud, the Securities and Exchange Commission was considering sending David M. Becker, the agency’s general counsel at the time, to testify on Capitol Hill on issues affecting how much money Madoff’s account holders could recover, according to a source familiar with the matter. But there was a wrinkle : Becker’s mother had held an account with Madoff, which Becker and his brothers had inherited and liquidated before the fraud was exposed. Becker told SEC officials that if he testified before Congress, he should disclose the account, the source said. Read full article > >

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SEC decision to have deputy counsel testify on Madoff scheme is under scrutiny

Deb Margolin’s “Imagining Madoff” has a firm identity as The Play That Angered Elie Wiesel: Last year the Holocaust survivor and Nobel laureate, one of the many bilked by the herculean Ponzi schemer Bernard Madoff, objected to Margolin’s portrayal. So Margolin was compelled to write Wiesel out of her fiction. Read full article > >

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Review: ‘Imagining Madoff’ at Theater J

Ruth Madoff had to mourn her son Mark on her own after being turned away by his widow at the funeral, a family friend told People magazine. Bernard Madoff’s sons Mark and Andrew had cut off contact with their mother after she returned to their father’s…

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Ruth Madoff Dissed at Son’s Funeral

The owners “consciously disregarded” signs of fraud, according to a suit on behalf of Bernard Madoff’s victims.

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Suit Says Mets Owners Ignored Warnings on Madoff

A former aide to Bernard Madoff, who faces charges related to Madoff’s massive Ponzi scheme, is scheduled to appear in U.S. District Court for a pre-trial hearing Friday.

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Former Madoff aide to appear in court

The widow of a businessman who was the single-largest beneficiary of Bernard Madoff’s Ponzi fraud agrees to return $7.2bn (£4.5bn).

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Madoff beneficiary returns $7bn

Bernard Madoff went to jail for his stupendous financial con. His eldest son, Mark, has gone to oblivion, having hung himself from a dog leash on the second anniversary of his father’s outing as perpetrator of a $20 billion con. read more

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Froma Harrop | Madoff’s Saddest Victim

Convicted Ponzi-schemer Bernard Madoff will not attend the funeral of his son, Mark, out of consideration for his daughter-in-law and grandchildren, attorney Ira Sorkin said.

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Madoff will not attend son’s funeral

The death of Mark Madoff, the son of convicted Ponzi-schemer Bernard Madoff, was ruled a suicide by the New York City medical examiner’s officer on Sunday, a day after the victim’s body was discovered hanging from a ceiling pipe in his SoHo apartment.

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Madoff son’s death ruled a suicide

Mark Madoff, left, the son of Ponzi-schemer Bernard Madoff, right, apparently killed himself while his wife was away and his 2-year-old son slept nearby, police say.

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Madoff’s son found dead of apparent suicide in New York

The trustee for victims of Bernard Madoff’s multi-billion dollar fraud scheme files lawsuits seeking nearly $20bn in damages.

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Madoff trustee in $20bn damages

Swiss bank UBS is sued for $2bn over claims it hid the Ponzi scheme of fraudster Bernard Madoff that lost clients billions.

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UBS in $2bn Madoff fraud lawsuit

Personal belongings seized from the jailed financier, Bernard Madoff, will be auctioned on in New York on Saturday, 14 November.

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Bernard Madoff’s goods for auction