Bernard Madoff's brother, sons and a niece, accused in a lawsuit of using the family finance business like a "piggy bank," have agreed to an asset freeze, according to a document filed in court Friday. The deal with court-appointed trustee Irving Picard was described in a document filed in U.S. Bankruptcy Court in Manhattan. Picard sued the family ...

A court-appointed trustee and a Manhattan law firm working together to unravel Bernard Madoff's massive fraud have rung up an additional $22.1 million in legals fees, saying they've worked "thousands of hours" on a job that will take years to complete ...

NEW YORK (Reuters) - The trustee winding down Bernard Madoff's company vowed on Thursday to redo every claim by thousands of customers defrauded in the multibillion dollar swindle if a judge decides that the method he is using to determine reimbursements is wrong. Lawyers for hundreds of investors sought help from the U.S. Congress on December 9, saying they ...

A year after Bernard Madoff's arrest in Wall Street's biggest fraud, only three people have admitted guilt, few victims have been compensated and billions of dollars remain missing. It was 12 months ago Thursday that Madoff -- until then believed to be one of New York's most successful money managers -- was arrested for running a Ponzi scheme of ...