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Tag: Elie Wiesel

  • Madoff Displayed Charms Of A Practiced Huckster

    Bernard Madoff was charged with securities fraud Dec. 11. The story about the alleged $50 billion Ponzi scheme hasn’t been out of the news since then — not even for a few hours. Over the weekend we reported that the assets of the Elie Wiesel Foundation had been wiped out in the alleged Madoff fraud.…

  • Elie Wiesel Foundation Wiped Out In Madoff ‘Ponzi’

    In a stunning announcement, the Elie Wiesel Foundation For Humanity said it lost “substantially all” of its assets in the alleged Bernard Madoff Ponzi scheme. It has been known for two weeks that significant foundation money was under Madoff’s management. But the foundation now says it had entrusted $15.2 million to Madoff, in essence the…

  • Madoff Victims Include Foundations, Business And Entertainment Icons, Mom And Pop

    The foundation of Nobel laureate Elie Wiesel and a charity operated by Hollywood icon Steven Spielberg were among the potential victims of Bernard L. Madoff Investment Securities, the Wall Street Journal reported today. Madoff, 70, was arrested last week. He is charged with defrauding investors and acknowledged he’d been running a giant investment Ponzi scheme…