Madoff to FOX Business: ‘The Banks Knew’

Jailed Ponzi schemer Bernard Madoff plans to amplify his contention, possibly in testimony before Congress, that the big banks he did business with – J.P. Morgan Chase (JPM), Bank of New York Mellon (BK), Citigroup (C) and HSBC Group (HBC), among others – knew what he was up to. The banks have repeatedly and vehemently denied this contention. But in an e-mail to FOX Business reporter Adam Shapiro received Tuesday, Madoff said he plans to offer specific information to Congressional committees investigating both his crimes and possible complicity on the part of Madoff’s banking partners. More on Fox Business News here.

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