Madoff Trustee’s 2010 JPMorgan Suit – New York Times

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Madoff Case Looms Over JPMorgan – New York Times October 24, 2013 [flickr_feed template="default" count=1 text="business"] By WILLIAM ALDEN Suspecting JPMorgan Chase turned a blind eye to Bernard L. Madoff’s huge Ponzi scheme, authorities are preparing to take action. | A jury has found Bank of America liable of having sold defective mortgages. | McKesson has agreed to acquire a controlling stake in Celesio of Germany. | Pinterest has raised $225 million at a $3.8 billion valuation. Published: October 24, 2013 at 4:00AM Source: NYT Business Day…

Criminal Action Is Expected for JPMorgan in Madoff Case –… December 12, 2013 By JESSICA SILVER-GREENBERG and BEN PROTESS Federal authorities and JPMorgan Chase are expected to settle charges over ties to Bernard L. Madoff, who operated a billion-dollar Ponzi scheme using an account at the bank. Published: December 11, 2013 at 5:00AM Source: NYT Business Day http://dealbook.nytimes.com/2013/12/11/criminal-action-is-expected-for-jpmorgan-in-madoff-case/ Fines (Penalties)

Compensation Fund Set for ‘Feeder Fund’ Victims in… November 18, 2013 By DIANA B. HENRIQUES Madoff victims who lost cash through accounts with various middleman funds – the so-called feeder funds — will be first in line for compensation from a $2.35 billion fund, the Justice Department announced Monday. Published: November 18, 2013 at 5:00AM Source: NYT Business Day http://dealbook.nytimes.com/2013/11/18/compensation-fund-set-for-feeder-fund-victims-in-madoff-scheme/ Frauds and Swindling, Ponzi and Pyramid Schemes

Madoff Victims, Five Years the Wiser – New York Times December 8, 2013 By DIANA B. HENRIQUES Speaking from experience, victims of the Madoff Ponzi scheme advise other investors to diversify their savings, focus on what really matters in life and resist giving up. Published: December 8, 2013 at 5:00AM Source: NYT Business Day http://www.nytimes.com/2013/12/08/business/madoff-victims-five-years-the-wiser.html Ponzi and Pyramid Schemes

JPMorgan Banker Backed $200 Million Madoff Loan in 2008… November 8, 2013 [flickr_feed template="default" count=1 text="loan"] A former JPMorgan Chase & Co. (JPM) banker who managed Bernard Madoff’s account said the con man was on track to receive a $200 million loan less than a month before his arrest if the request hadn’t been dropped. Daniel Bonventre, one of five ex-Madoff employees on trial for allegedly aiding the fraud, asked JPMorgan in November 2008 to borrow twice Madoff’s credit limit of $100 million, with U.S. Treasuries as…