Categories

Madoff’s inner circle faces final reckoning

Bernard Madoff’s inner circle got millions of dollars in pay and perks by aiding the con man’s $17.5 billion fraud, dooming thousands of investors in the largest Ponzi scheme in U.S. history. Now their efforts will earn them time behind bars. Five former Madoff colleagues face sentencing beginning Dec. 8 for using a web of fake account documents, phony regulatory filings and bogus computer programs to keep the scheme afloat for decades. For some victims, it’ll be their first taste of closure. More on Telegram.com here.

Share This Page:
  • email
  • Facebook
  • Twitter
  • LinkedIn