The first cheques to investors defrauded by Bernie Madoff are to be posted out, according to the trustee overseeing the liquidation of the investment fund... more
A Manhattan federal judge rejected HSBC's proposed $62.5 million settlement with investors in an Irish fund that lost money in Bernard Madoff's Ponzi scheme... more
A Manhattan federal judge has rejected HSBC's proposed $62.5 million settlement with investors in an Irish fund that lost money in Bernie Madoff's Ponzi scheme... more
Glencore is one of the world's most tight-lipped companies. Odd, then, that gaffe-a-minute chairman Simon Murray is moonlighting as a "senior adviser" to GPW... more
HSBC will have to wait until the end of July to hear whether or not a U.S. judge allows the trustee acting on behalf of victims of the Madoff ponzi scheme to proceed with a $9 billion lawsuit accusing the bank of enabling the massive fraud... more
Royal Bank of Scotland is reportedly buying up claims being lodged by victims of the Madoff Ponzi scam at the same time as it is being sued over the activities of its former ABN Amro operations during the fraud... more
For some reason, City Spy has been deluged with readers keen to share their stories of Healthcare Locums founder Kate Bleasdale, whose company faces allegations of accounting "irregularities"... more
One of convicted fraudster Bernard Madoff’s longest-serving employees will have to give up at least $2.4 million for a judge to consider granting her bail on criminal charges... more
HSBC said claims the bank aided the fraud of convicted swindler Bernard Madoff were unfounded and it would "defend itself vigorously" against all Madoff-related claims... more
Ernst & Young and UBS win a test case that could save them from hundreds of claims by investors who lost money in Bernard Madoff’s massive fraud... more
The Serious Fraud Office will not take action against Madoff Securities International — the London offshoot of convicted New York fraud Bernie Madoff — or any of its directors... more
US regulators were today looking at plans to pay huge rewards to whistleblowers in cases of financial wrongdoing in the wake of the Bernard Madoff fraud scandal ... more
HOT tip for wannabe frauds? A fine taste for design. Apparently that's the reason the authorities didn’t catch Bernie Madoff sooner than they did
... more
City investigators are investigating a former Austrian fund manger alleged to have been paid kickbacks for funnelling investments to disgraced financier Bernard Madoff ... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Tonight:
5°c
