Bernie Madoff - Free At Last While incarcerated for 150 years for a $65 Billion dollar Ponzi scheme, Berine Madoff creates his own version of the events that led to his arrest and becomes a local celebrity at the Butner Federal Correctional Complex. (via metachat)
An Australian Madoff? Trio Capital, an Australian fund manager, has been ordered to wind up its funds after being unable to account for $123 million in its Astarra fund since investigations began in October. The fund "has a total of $426 million under management - including superannuation savings of about 10,000 Australians." Some worry what this means for more potential frauds in Australia's "privatized social security." [more inside]
Wall Street legend Bernard Madoff arrested over '$50 billion Ponzi scheme'. His company's website has a court announcement on the front page, but you can still find the old promises inside.