Bernard Madoff Investment Fraud. Fairfield Greenwich Group, a hedge fund firm that reportedly invested more than $7 billion with Bernard Madoff, has been sued by angry investors. The lawsuit alleges that the firm failed to protect investors' funds. The 70-year-old Madoff was arrested on one count of securities fraud earlier this … [Read more...]
Hedge Funds Face Lawsuit over Madoff Investment Fraud
Madoff Feeder Fund Charged with Fraud
Admitted Ponzi Schemer Bernard Madoff. Fairfield Greenwich Group, a hedge fund that invested with admitted Ponzi schemer Bernard Madoff, has been charged with fraud. According to The Wall Street Journal, the charges filed by the Massachusetts Secretary of State allege the company breached its fiduciary duty to clients by failing to … [Read more...]
