Tag Madoff

On Madoff not pleading guilty to conspiracy

Some say Madoff didn’t plead guilty to conspiracy because he wanted to protect his wife, two sons, employees, and friends. But does that make any sense? The feds, of course, are going to investigate and probably prosecute all of them…

Plea Allocution. Bernard Madoff. March 12, 2009

The Wall Street Journal has the PDF “To the best of my recollection”, the fraud started in the early 90’s, says Madoff. Goodness, what a foggy memory. Yes, he was contrite in court today, but that could be jailhouse religion.…

Next targets in Madoff case

Lucinda Franks in the DailyBeast reports at least 20 people in three groups are now targeted by federal investigators; employees in his firm, feeder funds, and those involved in money laundering funds in London. This includes his wife, sons, and…

Madoff: Curioser and curioser

Why is Madoff pleading guilty to charges that will put him in prison for the rest of his life? Further, the government now says they are no longer bound by an agreement to not go after his wife’s $80 million.…