Ponzi Scheme Photos on Townhall

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              Peter Madoff exits Manhattan federal court after receiving a 10-year sentence for his participation in the largest Ponzi scheme in history, Thursday, Dec. 20, 2012, in New York. (AP Pho

    Peter Madoff exits Manhattan federal court after receiving a 10-year sentence for his participation in the largest Ponzi scheme in history, Thursday, Dec. 20, 2012, in New York. (AP Pho

    Posted: 12/21/2012 2:33:30 AM EST
    Peter Madoff exits Manhattan federal court after receiving a 10-year sentence for his participation in the largest Ponzi scheme in history, Thursday, Dec. 20, 2012, in New York. (AP Photo/ Louis Lanzano)
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              Peter Madoff exits Manhattan federal court after receiving a 10 year sentence for his participation in the largest Ponzi scheme in history, Thursday, Dec. 20, 2012, in New York. (AP Pho

    Peter Madoff exits Manhattan federal court after receiving a 10 year sentence for his participation in the largest Ponzi scheme in history, Thursday, Dec. 20, 2012, in New York. (AP Pho

    Posted: 12/21/2012 2:33:30 AM EST
    Peter Madoff exits Manhattan federal court after receiving a 10 year sentence for his participation in the largest Ponzi scheme in history, Thursday, Dec. 20, 2012, in New York. (AP Photo/ Louis Lanzano)
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              FILE- In this Sept. 1, 2010, file photo, Afghans pass by main office of Kabul Bank in Kabul, Afghanistan. A new report offers previously undisclosed details about how the owners of Kabu

    FILE- In this Sept. 1, 2010, file photo, Afghans pass by main office of Kabul Bank in Kabul, Afghanistan. A new report offers previously undisclosed details about how the owners of Kabu

    Posted: 11/28/2012 1:03:34 AM EST
    FILE- In this Sept. 1, 2010, file photo, Afghans pass by main office of Kabul Bank in Kabul, Afghanistan. A new report offers previously undisclosed details about how the owners of Kabul Bank and their friends and relatives got rich off $861million in fraudulent loans _ a Ponzi scheme using customer deposits that operated under nascent banking oversight in the war-torn country. (AP Photo/Musadeq Sadeq, File)
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              FILE - In this Sept. 1, 2010, file photo, Afghan soldiers chat in front of the main office of Kabul Bank in Kabul, Afghanistan. A new report offers previously undisclosed details about

    FILE - In this Sept. 1, 2010, file photo, Afghan soldiers chat in front of the main office of Kabul Bank in Kabul, Afghanistan. A new report offers previously undisclosed details about

    Posted: 11/28/2012 1:03:34 AM EST
    FILE - In this Sept. 1, 2010, file photo, Afghan soldiers chat in front of the main office of Kabul Bank in Kabul, Afghanistan. A new report offers previously undisclosed details about how the owners of Kabul Bank and their friends and relatives got rich off $861million in fraudulent loans _ a Ponzi scheme using customer deposits that operated under nascent banking oversight in the war-torn country.(AP Photo/Musadeq Sadeq, File)
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              Peter Madoff, the younger brother and business partner of disgraced financier Bernard Madoff, leaves Federal Court in New York Friday, June 29, 2012, after pleading guilty to criminal c

    Peter Madoff, the younger brother and business partner of disgraced financier Bernard Madoff, leaves Federal Court in New York Friday, June 29, 2012, after pleading guilty to criminal c

    Posted: 6/29/2012 4:03:31 PM EST
    Peter Madoff, the younger brother and business partner of disgraced financier Bernard Madoff, leaves Federal Court in New York Friday, June 29, 2012, after pleading guilty to criminal charges. Peter Madoff, 66, admitted Friday that he doctored documents, but insisted he knew nothing about his brother's historic Ponzi scheme and was "in total shock" when he found out about it. (AP Photo/Bebeto Matthews)
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              FILE- In this April 3, 2009 file photo, Peter Madoff exits State Supreme Court in Mineola, N.Y. The brother of Ponzi scheme king Bernard Madoff will plead guilty on Friday, June 29, 201

    FILE- In this April 3, 2009 file photo, Peter Madoff exits State Supreme Court in Mineola, N.Y. The brother of Ponzi scheme king Bernard Madoff will plead guilty on Friday, June 29, 201

    Posted: 6/29/2012 9:53:28 AM EST
    FILE- In this April 3, 2009 file photo, Peter Madoff exits State Supreme Court in Mineola, N.Y. The brother of Ponzi scheme king Bernard Madoff will plead guilty on Friday, June 29, 2012, to conspiracy and falsifying records, admitting his role in the multibillion-dollar fraud that destroyed the savings of thousands of investors, prosecutors told a judge on Wednesday, June 27, 2012. (AP Photo/ Louis Lanzano, File)
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    Posted: 6/14/2012 6:20:45 PM EST
    R. Allen Stanford, left, enters the Bob Casey Federal Courthouse where he was sentenced to 110 years in prison for being involved in a Ponzi scheme causing investors to lose their money Thursday, June 14, 2012, in Houston. (AP Photo/Houston Chronicle, Johnny Hanson)
  •  - SIPA Trustee Picard speaks during a news conference in New York, announcing the return of $7.2 billion from the estate of Madoff insider Picower to settle civil claims for victims of Madoff's ponzi

    SIPA Trustee Picard speaks during a news conference in New York, announcing the return of $7.2 billion from the estate of Madoff insider Picower to settle civil claims for victims of Madoff's ponzi

    Posted: 5/7/2012 1:19:58 PM EST
    Securities Investor Protection Act (SIPA) Trustee Irving Picard speaks as Manhattan U.S. Attorney Preet Bharara (L) looks on during a news conference in New York, announcing the return of $7.2 billion from the estate of Madoff insider Jeffry Picower to settle civil claims for victims of Bernard Madoff's ponzi scheme December 17, 2010. REUTERS/Shannon Stapleton
  •  - SIPA Trustee Picard speaks during a news conference in New York, announcing the return of $7.2 billion from the estate of Madoff insider Picower to settle civil claims for victims of Madoff's ponzi

    SIPA Trustee Picard speaks during a news conference in New York, announcing the return of $7.2 billion from the estate of Madoff insider Picower to settle civil claims for victims of Madoff's ponzi

    Posted: 5/7/2012 1:19:27 PM EST
    Securities Investor Protection Act (SIPA) Trustee Irving Picard speaks as Manhattan U.S. Attorney Preet Bharara (L) looks on during a news conference in New York, announcing the return of $7.2 billion from the estate of Madoff insider Jeffry Picower to settle civil claims for victims of Bernard Madoff's ponzi scheme December 17, 2010. REUTERS/Shannon Stapleton
  •  - SIPA Trustee Picard speaks during a news conference in New York, announcing the return of $7.2 billion from the estate of Madoff insider Picower to settle civil claims for victims of Madoff's ponzi

    SIPA Trustee Picard speaks during a news conference in New York, announcing the return of $7.2 billion from the estate of Madoff insider Picower to settle civil claims for victims of Madoff's ponzi

    Posted: 5/7/2012 1:18:49 PM EST
    Securities Investor Protection Act (SIPA) Trustee Irving Picard speaks as Manhattan U.S. Attorney Preet Bharara (L) looks on during a news conference in New York, announcing the return of $7.2 billion from the estate of Madoff insider Jeffry Picower to settle civil claims for victims of Bernard Madoff's ponzi scheme December 17, 2010. REUTERS/Shannon Stapleton
  •  - File photo of accused swindler Madoff exiting the Manhattan federal court house in New York

    File photo of accused swindler Madoff exiting the Manhattan federal court house in New York

    Posted: 5/7/2012 10:38:47 AM EST
    Accused swindler Bernard Madoff exits the Manhattan federal court house in New York in this January 14, 2009 file photo. Members of Bernard Madoff's family were hit with an expanded $255.3 million lawsuit May 4, 2012, saying they should have caught the patriarch's Ponzi scheme and must return the benefits to victims. Irving Picard, the trustee seeking money for Madoff's victims, said family members who worked at Bernard L. Madoff Investment Securities LLC were "completely derelict" in ensuring that the investment firm's operations were legal. REUTERS/Brendan McDermid/Files (UNITED STATES)
  •  - Picard speaks during a news conference in New York to settle civil claims for victims of Madoff's ponzi scheme

    Picard speaks during a news conference in New York to settle civil claims for victims of Madoff's ponzi scheme

    Posted: 5/7/2012 10:38:41 AM EST
    Trustee Irving Picard speaks during a news conference to announce the return of $7.2 billion to settle civil claims for victims of Bernard Madoff's ponzi scheme in this file photo taken in New York December 17, 2010. Picard, the trustee seeking money for Madoff's victims, said family members who worked at Bernard L. Madoff Investment Securities LLC were "completely derelict" in ensuring that the investment firm's operations were legal. Members of Bernard Madoff's family were hit with an expanded $255.3 million lawsuit May 4, 2012, saying they should have caught the patriarch's Ponzi scheme and must return the benefits to victims. REUTERS/Shannon Stapleton/Files (UNITED STATES - Tags: CRIME LAW BUSINESS)
  •  - SIPA Trustee Picard speaks during a news conference in New York, announcing the return of $7.2 billion from the estate of Madoff insider Picower to settle civil claims for victims of Madoff's ponzi

    SIPA Trustee Picard speaks during a news conference in New York, announcing the return of $7.2 billion from the estate of Madoff insider Picower to settle civil claims for victims of Madoff's ponzi

    Posted: 5/1/2012 6:43:52 PM EST
    Securities Investor Protection Act (SIPA) Trustee Irving Picard speaks as Manhattan U.S. Attorney Preet Bharara (L) looks on during a news conference in New York, announcing the return of $7.2 billion from the estate of Madoff insider Jeffry Picower to settle civil claims for victims of Bernard Madoff's ponzi scheme December 17, 2010. REUTERS/Shannon Stapleton
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    Posted: 3/19/2012 11:55:49 AM EST
    In this March 14, 2009 photo, childhood friends, New York Mets owner Fred Wilpon, left, and Hall of Fame pitcher Sandy Koufax sit together during the spring training baseball game in Port St. Lucie, Fla. Koufax, who invested with financier Bernard Madoff at Wilpon's urging, is expected to testify on behalf of Wilpon, when the trustee recovering money for investors in imprisoned Madoff's Ponzi scheme will try to force the New York Mets owners to pay up to $303 million for distribution to those who lost money in the mammoth fraud. (AP Photo/Richard Drew)
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    Posted: 3/19/2012 11:35:49 AM EST
    FILE - In this March 10, 2009 file photo, Bernard Madoff exits Manhattan federal court in New York. In a trial that is set to begin Monday, March 19, 2012, the trustee recovering money for investors in imprisoned Madoff's Ponzi scheme will try to force the New York Mets owners to pay up to $303 million for distribution to less fortunate investors in the mammoth fraud. Picard?s lawyers will try to convince a nine-person civil jury that the Mets owners believed that Madoff's business was a fraud but continued their investments anyway because they were making a lot of money. (AP Photo/Louis Lanzano, File)
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    Posted: 3/18/2012 6:15:48 PM EST
    FILE - In this Oct. 29, 2010 file photo, New York Mets Chief Operating Officer Jeff Wilpon speaks to the media at a news conference in New York. In a trial that is set to begin Monday, March 19, 2012, the trustee recovering money for investors in imprisoned Bernard Madoff's Ponzi scheme will try to force the New York Mets owners to pay up to $303 million for distribution to those who lost money in the mammoth fraud. Trustee Irving Picard?s lawyers will try to convince a nine-person civil jury that the Mets owners believed that disgraced financier Madoff's business was a fraud but continued their investments anyway because they were making a lot of money. (AP Photo/Kathy Kmonicek, File)
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    Posted: 3/18/2012 6:15:48 PM EST
    FILE - In this Feb. 27, 2012 file photo, New York Mets owner Fred Wilpon watches his team during a spring training baseball workout in Port St. Lucie, Fla. In a trial that is set to begin Monday, March 19, 2012, the trustee recovering money for investors in imprisoned Bernard Madoff's Ponzi scheme will try to force the New York Mets owners to pay up to $303 million for distribution to less fortunate investors in the mammoth fraud. Trustee Irving Picard?s lawyers will try to convince a nine-person civil jury that the Mets owners believed that Madoff's business was a fraud but continued their investments anyway because they were making a lot of money. (AP Photo/Jeff Roberson, File)
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    Posted: 3/7/2012 8:15:47 PM EST
    Sammie Stanford leaves the courthouse after a guilty verdict was announced on all but one of 14 counts in the fraud trial of her son financier R. Allen Stanford Tuesday, March 6, 2012, in Houston. Stanford, a former Texas tycoon, whose financial empire once spanned the Americas, was convicted Tuesday for allegedly bilking investors out of more than $7 billion in a massive Ponzi scheme he operated for 20 years. (AP Photo/Pat Sullivan)
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    Posted: 3/7/2012 1:40:47 AM EST
    Attorney Robert Scardino talks to the media after a guilty verdict was announced on all but one of 14 counts in the fraud trial of his client financier R. Allen Stanford Tuesday, March 6, 2012, in Houston. Stanford, a former Texas tycoon, whose financial empire once spanned the Americas, was convicted Tuesday for allegedly bilking investors out of more than $7 billion in a massive Ponzi scheme he operated for 20 years. (AP Photo/Pat Sullivan)
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    Posted: 3/6/2012 8:50:46 PM EST
    Attorney Robert Scardino talks to the media after a guilty verdict was announced on all but one of 14 counts in the fraud trial of his client financier R. Allen Stanford Tuesday, March 6, 2012, in Houston. Stanford, a former Texas tycoon, whose financial empire once spanned the Americas, was convicted Tuesday for allegedly bilking investors out of more than $7 billion in a massive Ponzi scheme he operated for 20 years. (AP Photo/Pat Sullivan)


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