TIMELINE: Key dates in Bernie Madoff's arrest over Ponzi scheme
Daily MailDec. 11, 2008: Madoff is arrested, after confessing to his sons that the asset management side of his firm, Bernard L. Madoff Investment Securities LLC, was a giant Ponzi scheme that prosecutors have estimated was as high as $64.8 billion. December 2008: A trustee, Irving Picard, is appointed to liquidate Madoff's firm and recoup money for former customers, who he estimates lost $17.5 billion. January 2011: A bankruptcy judge approves a $7.2 billion settlement with the estate of Florida investor and former Madoff friend Jeffry Picower, the largest single recovery obtained for Madoff's victims. November 2013: The U.S. government sets up a $2.35 billion Madoff Victim Fund, which is funded mainly with money from the Picower settlement. June 2015: The U.S. Supreme Court declines to hear Picard's appeal from a lower court's refusal to let him try to recoup more than $4 billion from some Madoff customers.
History of this topic
Ponzi schemer Bernie Madoff dies in prison at 82
Associated Press
Fraudster who fleeced the A-list: Bernie Madoff was running a $65bn Ponzi scheme, writes TOM LEONARD
Daily Mail
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Daily Mail
Bernie Madoff dead: Ponzi schemer was 82
LA Times
Bernie Madoff, Whose Ponzi Scheme Bilked Thousands, Dies In Prison
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