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Browse: Home / 2013 / October / 07 / Bernard Madoff’s inner circle goes on trial — Reuters

Bernard Madoff’s inner circle goes on trial — Reuters

By Securities Docket on October 7, 2013, 7:42 am

Madoff did not do it alone.

That is the message prosecutors will pound home as five of Bernard Madoff’s long-time employees go on trial this week accused of enabling his $65 billion Ponzi scheme. Madoff pleaded guilty in 2009 to defrauding investors at Bernard L. Madoff Investment Securities LLC, which imploded in late 2008. He is serving a 150-year prison sentence.

Madoff said he acted alone, but prosecutors have since charged 15 of his associates.

via Bernard Madoff’s inner circle goes on trial — Reuters

Posted in Criminal, Top | Tagged Madoff, Trials

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