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Supreme Court rebuffs investors' bid to block Madoff trustee lawsuits - Reuters

Supreme Court rebuffs investors' bid to block Madoff trustee lawsuits - Reuters | Agents of Behemoth | Scoop.it

The U.S. Supreme Court on Monday refused to hear a bid by major banks and companies including Koch Industries Inc to prevent a trustee chasing money for victims of imprisoned Ponzi scheme swindler Bernard Madoff from recouping funds that were transferred overseas.

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Lawmakers want banks punished over massive Ponzi scheme - The Hill

Lawmakers want banks punished over massive Ponzi scheme - The Hill | Agents of Behemoth | Scoop.it
Lawmakers are asking a top federal regulator to crack down on several banks connected to a mid-2000s Ponzi scheme, arguing the government hasn’t done enough to get victims compensation.The lawmakers called on the Office of the Comptroller of the...
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