Financial Fraud Law

Recent Posts

Facebook and Twitter Fraud Thwarted, SEC Says
Posted on 7 Mar 2014 by Steven A. Meyerowitz

The Securities and Exchange Commission has brought an emergency enforcement action to stop what it characterized as a fraudulent pyramid scheme by phony companies masquerading as a legitimate international investment firm. Toward that end, the SEC... Read More

Biloxi Breach: Attorney Pleads Guilty to Trust Account Fraud
Posted on 21 Mar 2014 by Steven A. Meyerowitz

An attorney in Biloxi, Mississippi, Stephen Richard Colson, has pleaded guilty in federal court to falsifying, concealing, and covering up material facts in connection with a scheme to defraud two banks and the bankruptcy court in violation of federal... Read More

Madoff Employees’ Fate Now with the Jury
Posted on 17 Mar 2014 by Steven A. Meyerowitz

A jury of nine women and three men have begun to deliberate the fate of five former employees of Bernard Madoff’s company after receiving their instructions from U.S. District Court Judge Laura Taylor Swain in Manhattan. The trial involving a... Read More

Madoff Brother, Convicted and Jailed, Now is Disbarred
Posted on 19 Dec 2013 by Steven A. Meyerowitz

Peter Madoff – Bernard Madoff’s brother – has been disbarred. Just about five years to the day after Bernard Madoff’s Ponzi scheme came to light, just about one year to the day after Peter Madoff was sentenced to consecutive... Read More

Bernard Madoff Guilty Plea: 5 Years Ago Today
Posted on 12 Mar 2014 by Steven A. Meyerowitz

Five years ago today, on March 12, 2009, Bernard Madoff pleaded guilty to orchestrating the largest Ponzi scheme in history. That day, Madoff told the court, “I knew what I was doing was wrong, indeed criminal.” He said that when he began... Read More

Madoff Victims Get More Time to File Claims with Fed’s Madoff Victim Fund
Posted on 24 Feb 2014 by Steven A. Meyerowitz

The deadline for filing claims with the federal Madoff Victim Fund (the “MVF”) has been extended to April 30, 2014. This extension was recommended by Special Master Richard C. Breeden, who is administering the MVF on behalf of the Department... Read More

  • Blog Post: Madoff Brother, Convicted and Jailed, Now is Disbarred

    Peter Madoff – Bernard Madoff’s brother – has been disbarred. Just about five years to the day after Bernard Madoff’s Ponzi scheme came to light, just about one year to the day after Peter Madoff was sentenced to consecutive five year terms of imprisonment for each of his admitted...
  • Blog Post: Madoff Victims Get More Time to File Claims with Fed’s Madoff Victim Fund

    The deadline for filing claims with the federal Madoff Victim Fund (the “MVF”) has been extended to April 30, 2014. This extension was recommended by Special Master Richard C. Breeden, who is administering the MVF on behalf of the Department of Justice. To date, the MVF has received approximately...
  • Blog Post: Facebook and Twitter Fraud Thwarted, SEC Says

    The Securities and Exchange Commission has brought an emergency enforcement action to stop what it characterized as a fraudulent pyramid scheme by phony companies masquerading as a legitimate international investment firm. Toward that end, the SEC obtained a federal court order to freeze accounts...
  • Blog Post: Bernard Madoff Guilty Plea: 5 Years Ago Today

    Five years ago today, on March 12, 2009, Bernard Madoff pleaded guilty to orchestrating the largest Ponzi scheme in history. That day, Madoff told the court, “I knew what I was doing was wrong, indeed criminal.” He said that when he began the Ponzi scheme, “I believed it would end...
  • Blog Post: Madoff Employees’ Fate Now with the Jury

    A jury of nine women and three men have begun to deliberate the fate of five former employees of Bernard Madoff’s company after receiving their instructions from U.S. District Court Judge Laura Taylor Swain in Manhattan. The trial involving a 31 count indictment against Jerome O’Hara,...
  • Blog Post: Biloxi Breach: Attorney Pleads Guilty to Trust Account Fraud

    An attorney in Biloxi, Mississippi, Stephen Richard Colson, has pleaded guilty in federal court to falsifying, concealing, and covering up material facts in connection with a scheme to defraud two banks and the bankruptcy court in violation of federal law. The government indicated at the guilty plea...