66 online
 
Most Popular Choices
Become a Premium Member Would you like to know how many people have visited this page? Or how reputable the author is? Simply sign up for a Advocate premium membership and you'll automatically see this data on every article. Plus a lot more, too.



If you are a former Madoff investor and want to join others in a support group that empowers victims to change the system that allowed this fraud to happen & allows them to unite in restitution, go to bernardmadoffvictims.org
SHARE More Sharing

Ronnie Sue Ambrosino

Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

                 

Volunteer a little time and make a big difference

I have 1 fans:
Become a Fan
Become a Fan.
You'll get emails whenever I post articles on OpEd News

I am a retired computer analyst and former Yoga instructor originally from New York. My life changed abruptly on December 11, 2008 when Bernard Madoff, my only source of income, confessed to running largest Ponzi scheme in history. I've been proactively involved in joining together other Madoff victims in an effort to find restitution and recovery at bernardmadoffvictims.org.

Our efforts are centered on finding justice for Madoff victims and also to educate all American investors so that they become aware of the failure of our regulatory agencies (the SEC and FINRA)and denial of protection by SIPC (created to protect investors of defrauded brokers).

www.bernardmadoffvictims.org

OpEd News Member for 779 week(s) and 6 day(s)

13 Articles, 0 Quick Links, 5 Comments, 0 Diaries, 0 Polls

Articles Listed By Date
List By Popularity
Search Title   
Date Between and
SHARE More Sharing        Sunday, May 6, 2012
Public Funeral to be held May 8th in NYC Are you invested in the Stock Market? Do you feel your life savings are protected in the event of a broker failure or fraud? THEY ARE NOT.Without Congressional intervention, all investors are at risk of being victimized. Come hear what has happened to thousands of investors as they hold a public funeral to demonstrate the DEATH OF INVESTOR PROTECTION on May 8th. You're invited to join the battle to protect your investments.
SHARE More Sharing        Thursday, November 3, 2011
Madoff Attempted Suicide? - A Victim's Perspective The media seems interested in the attempted suicide of Ruth and Bernie Madoff. One victim who organized over 400 other victims to fight for justice in this fraud gives her opinion.
eagle, From ImagesAttr
(2 comments) SHARE More Sharing        Sunday, January 23, 2011
Your Investments Are Not Safe Congress helps ensure the safety of your investments.
eagle, From ImagesAttr
(1 comments) SHARE More Sharing        Saturday, December 11, 2010
Will Madoff Trustee Irving Picard Pursue the SEC for Complicity in the Fraud? The Trustee assigned to the Bernard Madoff Liquidation has the responsibility to pursue all parties who created or perpetuated the fraud. The SEC has admitted failure to stop the fraud, despite many red flag warnings, thus perpetuating the fraud for more than 17 years. Irving Picard's responsibility to SIPC and the victims is to pursue every avenue, even if that means pursuing the SEC.
(1 comments) SHARE More Sharing        Tuesday, July 20, 2010
Fraud Magazine Honors Irving Picard A Madoff victim comments to the author of an article honoring Trustee Irving Picard on Fraud Magazine.
SHARE More Sharing        Monday, December 7, 2009
Madoff Victims to Work With Congress to Help Victims of Financial Crimes Madoff Victims will testify at a Congressional hearing of the House Finance Subcommittee on Capital Markets. They will share stories and offer support for legislation to help victims of financial crimes. The victims will be available immediately after the morning portion of the hearing at a Press Conference to answer questions from the media.
SHARE More Sharing        Thursday, November 19, 2009
Net Equity for Madoff Victims-Supported by Numerous Attorneys Madoff Investors have been working for 11 months to have the Congressionally created definition used when determining their SIPC claims. This, because the trustee in the case has, with no legal authority, changed a Federally created mandate.
SHARE More Sharing        Friday, September 4, 2009
The SEC is Incompetent, but what about FINRA? The SEC, created to ensure safety in our Financial Markets received a scathing report in its handling of the Madoff fraud. Now, there's reason to believe that FINRA not only dropped the ball, but may have invested its internal portfolio with Madoff. SIPC is not protecting as it's mandated to do. Where is the protection for ALL American Investors?
(1 comments) SHARE More Sharing        Monday, July 27, 2009
MARY SCHAPIRO ANSWERS THE QUESTION MADOFF VICTIMS HAVE BEEN ASKING FOR 7 MONTHS Investors who trusted the SEC to oversee the broker/dealers and to assure them of fair market practices are learning that this trust was misplaced. The SEC has failed to protect investors in the past and continues to do so, even in light of admitting these failures in the Bernard Madoff Ponzi Scheme. Now, the SEC's Commissioner is saying there are insufficient funds to pay those who trusted in her agency.
SHARE More Sharing        Monday, July 13, 2009
BernardMadoffVictims Coalition Seeks Congressional Intervention To Ensure SEC Follows the Law Former Madoff Investors are seeking Congress to intervene on their behalf. The SEC has a responsibility to enforce rules that are already in place to ensure that victims of investment fraud are protected under the Securities Investors Protection Act. To date,these rules aren't being followed and the SEC has not intervened. The victims are asking Congress to ensure that the SEC act as they are legally mandated to do.
(1 comments) SHARE More Sharing        Sunday, May 17, 2009
Who Decides What Madoff Victims Get? Picard or the Law? Helen Davis Chaitman, Esq. provides this response to the May 6, 2009 article by Irving H. Picard, Trustee of Bernard L. Madoff Investment Securities, LLC and Stephen P. Harbeck, Chief Executive Officer of the Securities Investor Protection Corporation. For the past five months, Ms. Chaitman has been working with a group of approximately 350 Madoff investors on a pro bono basis.
SHARE More Sharing        Thursday, May 7, 2009
My Letter to Judge Chin at Bernard Madoff's Plea Hearing On March 12th my husband,Dominic and I sat in the courtroom-20 feet from the man who ruined so many lives.We attended Bernard Madoff's plea hearing.It was important to me as a victim to be heard. I wrote this letter to Judge Chin in hopes that it would make a difference. The hearing is over,but I still hope it made a difference. I was 1 of 3 victims who spoke in court that day,and I will forever be grateful that I did.
(5 comments) SHARE More Sharing        Sunday, May 3, 2009
Bernard Madoff Victims Get Support from US Congress Former Madoff investors are not going to be victimized again.They have joined together to solicit the aid of legislators to help them receive the restitution they are legally entitled to.Investors are encouraged by the Congressional support received from Congressmen Klein and Wexler,and request that additional representatives do their part in getting the SEC to fulfill its statutory obligation to force SIPC to abide by SIPA.

Tell A Friend