Bernie Madoff's codeword for his fraudulent end-of-year business transactions was "schtupping," a Yiddish term for the act of sex, according to his former underling Frank DiPascali. DiPascali, a ...

Today, December 11, is the fifth anniversary of the arrest of Ponzi-scheme king Bernie Madoff, and only now do his 13,500 victims finally have a term that Bernie’s $65 billion reign of rip-offs and ...

Bernie Madoff was so good at screwing his clients that he had a special name for making them feel good about their bogus accounts during the holiday season: “schtupping.” Frank DiPascali, a former ...

Bernard Madoff and his cronies helped their favorite investors once a year with a practice they called “schtupping,” a witness said Thursday in the Ponzi scheme trial of five former Madoff employees.