Tag: Ponzi schemes

In the string of investment fund fraud cases the Commission has brought since the arrest of Ponzi king Bernard Madoff, enforcement officials typically do not arrive in time to save investors from losing their money. Despite diligent efforts, law enforcement …

CATCHING A SCHEMER BEFORE THE INVESTORS LOSE THEIR MONEY Read More »

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The continuing saga of the Madoff Ponzi scheme has yielded another guilty plea and another Commission compliant. This time criminal and civil charges were brought against David Kugel, a longtime employee of Bernard L. Madoff Investment Securities LLC who is …

FORMER MADOFF EMPLOYEE PLEADS GUILTY, AGREES TO SETTLE WITH SEC Read More »

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