Yahoo Web Search

Search results

  1. Robert M. Jaffe (born 1944) is an American stockbroker. He was a long-time associate of Ponzi schemer Bernard Madoff and promoted Madoff's fund to wealthy investors in Massachusetts and Florida . He is vice president of Cohmad Securities Corporation.

    • American
    • Ellen Shapiro
  2. Apr 14, 2021 · His massive Ponzi scheme defrauded investors of an estimated $17.5 billion (or as much as $65 billion, including fictional profits), racking up huge losses for banks, pension funds and individuals...

    • Chase Peterson-Withorn
  3. People also ask

  4. Between 1996 and 2008, Jaffe withdrew at least $150 million, and the SEC claims he was aware Madoff was engaged in fictitious trading. Jaffe has said he received a commission of 1% to 2% from an investor's first profit, and he paid commissions to financial advisers who steered cash to Madoff's fund.

  5. Jun 2, 2010 · A close Madoff friend for more than 50 years. He and his family are alleged to have withdrawn approximately $200 million more than they invested with Madoff. Robert Jaffe, 66

  6. Dec 11, 2013 · Shapiro’s son-in-law, Robert Jaffe, was covered in the family’s agreement with regulators. The Securities and Exchange Commission had filed civil charges alleging that he directed more than $1...

  7. Apr 23, 2011 · Mr. Madoff has at least $5 billion in the bank to sustain his Ponzi scheme, small bits of it contributed by people seated around him in this auditorium and giant slabs of it deposited by his...

  8. Aug 22, 2009 · Aug. 21, 2009. Lawyers for Robert M. Jaffe, a stockbroker whose father-in-law was one of Bernard L. Madoffs earliest investors, accused federal regulators on Friday of suing Mr. Jaffe...

  1. People also search for