Tuesday, June 30, 2009
THE ASSOCIATED PRESS
THE ASSOCIATED PRESS
10 others to be charged in Madoff case
Federal authorities are pressing a probe of 10 associates of Bernard Madoff.
Madoff received the maximum sentence of 150 years in prison for the massive Ponzi scheme run at least since the early 1990s that demolished the life savings of thousands of people, wrecked charities and shook confidence in the U.S.financial system.
"I simply do not get the sense that Mr. Madoff has done all that he could or told all that he knows," the honorable judge Chin said.
Posted by Editor on 06/30/09 at 06:50 PM •
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