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Madoff Offices Not Secured for Five Days, FBI Agent Says

The FBI agent who arrested Bernard Madoff the morning of Dec. 11, 2008, told a New York jury the agency didn’t secure or “quarantine” any portion of the con man’s offices until about five days later. When the FBI changed the locks and installed security cameras on the 17th floor of the lipstick-shaped skyscraper in Midtown Manhattan where the business operated, the same measures weren’t taken with the two other floors Madoff used, Special Agent Theodore Cacioppi told the jury in the trial of five former Madoff employees accused of assisting in the fraud in which investors lost $17 billion in principal. More on Bloomberg here.

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