Latest News for: madoff

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Billionaires with $1 salaries – and other legal tax dodges the ultrawealthy use to keep ...

Hastings Tribune 17 Dec 2025
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) ... .
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‘Bernie Madoff of landlords’ defaults on ritzy NYC building featured in hit sitcom ‘The Nanny’: suit

New York Post 10 Dec 2025
The “Bernie Madoff of landlords’’ is in debt up to his fanny over a Manhattan building made famous by “The Nanny,” a new lawsuit claims ... ‘Bernie Madoff of landlords’ to buy fabled White Horse Tavern.
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‘That’s Bernie Madoff level’: UCLA’s Mick Cronin says agent greed drives player movement

The Los Angeles Times 05 Dec 2025
A big part of the reason? Agent greed ... “I mean, you take a 10%, 20%, 15% of a guy's NIL money, that's Bernie Madoff level,” Cronin said Friday, referencing the crooked financier who was convicted in a massive Ponzi scheme ... That's pay for play.
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NYC’s ‘Madoff of landlords’ defaults on $170M loans, faces foreclosure on 35 Manhattan properties: suits

New York Post 20 Nov 2025
New York City’s “Bernie Madoff of landlords” has defaulted on nearly $170 million in loans — and is facing foreclosure on a whopping 35 or so Manhattan properties, new court records show.
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HSBC Quarterly Profit Falls on $1.1 Billion Hit From Madoff Lawsuit

Wall Street Journal 28 Oct 2025
The London-based bank said that net profit fell 21% from a year earlier to $4.87 billion for the three months ended September ... .
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HSBC�bullish on 2025 despite $1.4 billion hit from Madoff provision

Straits Times 28 Oct 2025
Pretax profit for the third-quarter fell 14 per cent to US$7.3 billion ....
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HSBC To Take $1.1 Billion Hit After Luxembourg Court Ruling In Madoff Case

MENA FN 28 Oct 2025
(MENAFN - Khaleej Times) HSBC Holdings said on Monday it will book a $1.1 billion provision in its third-quarter results after losing part of an appeal in a long-running lawsuit tied to Bernard ... .
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HSBC profits slump as bank sets aside �827m to pay damages to Madoff Ponzi scheme victims

This is Money 28 Oct 2025
Profits at HSBC slumped after Europe's biggest bank set aside �827million to pay damages to victims of Bernie Madoff's massive Ponzi scheme ... The latest is the gigantic Madoff ...
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HSBC warns it could take years to settle Madoff case as bank takes $1.1bn hit

The Guardian 28 Oct 2025
HSBC has warned it could take years to finally settle a lawsuit over the Bernard Madoff Ponzi scheme, ...
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HSBC profits slump as bank sets aside £827m to pay damages to Madoff Ponzi scheme ...

The Daily Mail 28 Oct 2025
Profits at HSBC slumped after Europe's biggest bank set aside £827million to pay damages to victims of Bernie Madoff's massive Ponzi scheme ... HSBC takes $1.1bn hit as fallout from Bernie Madoff's Ponzi...
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Good margins and low loan losses mean HSBC can keep shrugging off Madoff (AJ Bell plc)

Public Technologies 28 Oct 2025
Bank's Q3 results would have easily beaten estimates had it not been for new Madoff-related costs Net interest margins and income ...
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HSBC flags $1.1 bn charge linked to Madoff fraud

The Daily Tribune - Bahrain 28 Oct 2025
HSBC bank yesterday revealed a financial charge of $1.1 billion linked to money sought by a European fund caught up in the late Bernard Madoff ’s huge investment fraud ... Madoff died in prison in 2021 following chronic kidney failure.
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HSBC’s Q3 profit fell 14% to $7.3 billion due to a $1.1 billion Madoff-related legal charge

Cryptopolitan 28 Oct 2025
The hit came largely from a $1.1 billion legal provision linked to the Bernard Madoff fraud case, dragging down what was otherwise a solid quarter in terms of interest and wealth income ... Madoff scam.
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