Madoff not going down alone
(AP): In one of the highest-profile financial fraud cases in history, a judge firmly sided with Bernard Madoff’s thousands of victims when he gave the disgraced financier a sentence long enough for him to die in prison. (150 years) But the probe does not end there. A person familiar with the investigation said 10 more people would face federal charges by the time the probe is completed. So far, only Madoff and an accountant accused of failing to make basic auditing checks have been criminally charged.
Category: World News