Jeffry Picower, a millionaire philanthropist and Bernie Madoff friend, who made millions from the Madoff investment scheme, has been found at the bottom of his swimming pool in Palm Beach. He was later pronounced dead at a hospital. Picower was 67.

Cheronda Guyton was, according to LinkedIn, a senior VP at Wells Fargo Bank based in the Greater Los Angeles area. Now, however, she's an unemployed former Wells Fargo employee.

The Government is selling Bernie Madoff's seven million dollar house to recoup some of the money that investors lost. However, most of the investors will never be able to recovery their investment.

The Securities and Exchange Commission today charged a New York-based broker-dealer and four individuals with securities fraud, alleging that they collectively raised billions of dollars from investors for Bernard L. Madoff's Ponzi scheme.

Bernie Madoff is back in the news, but this time from a different angle. The question is are his ponzi scheme vicitims complicit in the fraud?

According to Reuters the U.S. Marshals seized Bernie Madoff's $9.4 dollar, five-bedroom mansion, yacht, small boat to pay back the 60 billion.

As the Bernie Madoff's account David Friehling turned himself in he may found himself a public figure that has become the talk of the town. Yesterday I was listening to PBS and heard people commenting that Madoff could not do this together. He had to have accomplices.

Although Bernie Madoff has asserted that he, and he alone, was responsible for the Ponzi scheme for which he faces up to 150 years in prison, "another one bites the dust." David Friehling, his auditor from 1991 - 2008, has been charged with aiding and abetting Madoff's $50 billion pyramid investment scheme.

After Bernie Madoff is pleaded guilty in a Ponzi Scheme and ordered to jail SEC has charged two others from California in a multi-million dollar Ponzi scheme type of investment fraud.

It was revealed Tuesday that Bernie Madoff, who perpetrated one of the largest frauds in history, will plead guilty on Thursday to securities fraud, perjury and other crimes. He could face, though unfortunately no serve, up to 150 years in prison.

The U.S. Attorney's office suggested in a brief court filing on Friday that Bernie Madoff is ready to waive a formal grand jury review (an indictment). Usually that sort of language is used when a plea deal is close.