The world we live in is full of criminals, but there are categories of criminals and some have proven to be part of the richest men and women in the world some of which are either dead or behind bars. In this article, I'll be sharing a list of the top 10 richest criminals of all time. 10. Bernard Madoff. With a total net worth of about $820 million, he was the former chairman of NASDAQ and he operated the largest Ponzi scheme in the U.S history. He reportedly began the Madoff investment in the mid-80s and
As we know, United States is a country that is well developed in technology, economy, political lives and human development. There are cities in the country that makes the country to be on top of other country in wealth and in development, which we are going to ranked according to New World Wealth This ranking is based on "Total Wealth" according to New World Wealth. Total Wealth refers to the private wealth held by all the individuals living in each city. Here are the list of the ranking; 1. New York City Total
Bernie Madoff - $17 Billion Madoff confessed to having transformed his wealth management business into a massive Ponzi scheme during the 1990s and pleaded guilty in March 2009 to 11 financial felonies. The infamous fraudster was eventually sentenced to a staggering 150 years in prison for the scheme, the maximum possible sentence allowed. His was The brains behind the largest and most audacious financial fraud in U.S. history, Bernard Madoff duped 4,800 clients out of $64.8 billion. The notorious scammer was
There are women across the globe who are hugely successful in their chosen fields and this means they are extremely powerful and influential. Women who are at the top of their game are in a position not only to achieve their personal goals but to also impact on the lives of many others. Each year, Forbes devises a list of the most powerful women in the world based on both their personal success and the way in which their position can impact on others. This list of women consists of politicians, philanthropists,
Madoff who was also known as Bernie, the financier of one of the largest fraud in history and founder of NASDAQ stock exchange dies in prison The fraudster who was also the founder and former chairman of NASDAQ stock exchange was seen as a great investor, bit unknown to his victims, he was running a ponzi scheme which wiped out at least $17.5bn in savings This act devastated the lives of his victims and caused bankruptcies, homelessness, depression and even suicide in many He took money from new investors to pay off old investors Madoff was arrested in his apartment by two FBI agents and he pleaded guilty in court.
There have been continuous call to bring to halt the Berkshire Hathaway stocks at Nasdaq untill the Wall Street index computer system is upgraded as they temporarily suspended the display of it's share price.Warren Buffett’s Berkshire Hathaway share price has hit over $4,21,000 per class A share price that is forcing Nasdaq to soon upgrade its computer system.
US oil future in negative territory for the very first time in history as demand for the commodity remain less and storage capacity in the US is at its limit. The May future contract is about to expire which made trading more erratic. The dow close 2.4% lower. And it is the worst day for the index since April 1 The NASDAQ composite closed at 1% lower The stunning drop in oil price plummeting into negative territory might turn out to be a short term anomalous quirk. But investors are betting tanker companies
US stocks went up on Monday due to the good news about covid 19 vaccine progress. The good news does not stop there as the stocks on the wall street opened higher on Monday due to the vaccine progress on the worsening outbreak especially in the US and Brazil who are seen as the epicenter of the pandemic. Florida alone on Sunday announced more than 15,000 new cases of covid 19 in the states. However, the stocks like S & p 500, Nasdaq, Dow Jones and Russell 2000 have all witnessed significant level of increase
The stock market has responded to the COVID-19 pandemic with worrying volatility, as traders have panic-sold out of fear. As a result of the recent turmoil, the market-wide circuit-breakers that attempt to prevent panic-trading, have been triggered four times alone in March. The market has reacted to recent unpredictability with large drops, triggering a market wide circuit breaker four times in March. The safeguard pauses trading for 15 minutes in hopes the market will calm. The U.S. Securities and Exchang
Tingo Mobile, a UK based mobile telephony company, has named former Nigerian Presidential spokesman and bestselling author, Reno Omokri, as its global brand ambassador. As part of plans to launch in America, Tingo Mobile nominated Mr. Omokri as a brand ambassador because his identity as a global citizen, who toured the world in 2019, ties in with the company’s mission to bring mobile telephony and e-money solutions to people and communities across the globe. Speaking at the unveiling of Mr. Omokri as Ting
U.S Stock market futures continues to grow on Monday 19-10-2020 as Shareholders held on to hopes for a deal in stimulus talks. And on the same vein, there has been staggering fluctuation in Europe Equities after a string of positive earnings. There is an upsurge rise in S&P 500 Index contract as much as 0.9% after the spokesman for the House Speaker Nancy Pelosi said differences were narrowing in negotiations. Goldman Sachs group Inc. will be in focus after a report it reached a long awaited pact in United
(Bloomberg) - U.S. furthermore, U.K. prospects slid alongside Japanese and Australian offers, and the dollar moved, subsequent to calming remarks from Amazon and Apple about the effect of the coronavirus. Amazon.com cautioned of a potential second-quarter misfortune, while Apple discarded an income figure without precedent for over 10 years. While worldwide stocks posted their greatest month since 2011 in April - prodded by a log jam in coronavirus diseases and monstrous upgrade activities - income declar
Wall Street stocks seesaw in choppy trading on disastrous US unemployment data US stocks fell on Thursday after a government report that the number of Americans filing for unemployment insurance has skyrocketed to more than 6.6 million new claims, bringing the total over the last two weeks to 10 million. The Dow Jones Industrial Average dropped 100 points at the opening, before recovering some of its losses. The S&P 500 and the Nasdaq Composite were trading flat. The main US indices were gaining in pre-mark
behaving as it would normally for the global economic condition. The Dow 30 and S&P500 remain well below their all-time highs of January 2020 which was a speculative bubble at that time given the fundamental valuations and the extreme decline in earnings of 2010 compared to 2018. The year 2019 was called “the earnings recession” as earnings and revenues for the S&P500 were far below the 2018 levels. Corporate buybacks, an artificial inflation of stock prices, QE by the Federal Reserve Bank, FRB when it wasn’t
This is not the Bitcoin halving the crypto industry was talking about in 2020. The Bitcoin price crashed on the worst day for equities markets in 33 years. The Dow Jones plummeted 9.99% during trading, the S&P 500 lost 9.51%, and the NASDAQ took a 9.43% dive. Even spot gold declined by some 4% Thursday, as the logic of Bitcoin’s detractors like Peter Schiff, gold is now positively correlated with stocks. However, Bitcoin was the biggest loser, with a massive run on the world’s first cryptocurrency dri