Bernard Madoff is dying of cancer. At least that is what the world's biggest ponzi schemer is telling his fellow inmates at the Butner Federal Correctional Complex in North Carolina where Bernard Madoff is serving his 150 year prison sentence for perpetrating a massive mult-billion dollar ponzi scheme that United States District Judge Denny Chin called an "extraordinary evil" during sentencing.

A Chicago-area man has pleaded not guilty to four counts of mail fraud in connection with a two-year scheme that took nearly $12 million from up to 300 investors, according to a press release issued by the FBI.

It's not over yet. An anonymous source close to the investigation into the multi-billion dollar Bernard Madoff fraud scheme says at least 10 others may face criminal charges.

Bernard Madoff said he's sorry during his sentencing this morning. For a man who masterminded such a massive financial fraud, it begs the questions, is Bernard Madoff really sorry or just sorry that he got caught?

Ruth Madoff, the wife of convicted ponzi schemer Bernard Madoff, agreed to give up nearly $80 million dollars in assets yesterday as part of a settlement with federal prosecutors.

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?

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.

A retired British Army major has killed himself after losing his life savings to the Bernie Madoff Ponzi scheme.

A 162 page list of the client victims of the Bernie Madoff ponzi scheme was released today following a bankruptcy hearing for the owner of Madoff Investment Securities.