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News Source: Independent
| 4 months ago
US officials pursuing their investigation of Bernard Madoff's Ponzi scheme are focusing on close associates of the convicted con man who insist they didn't know of any wrongdoing. The continuing investigation into Madoff's $65bn fraud may implicate...
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News Source: The independent
| 4 months ago
Ruth Madoff, wife of the swindler Bernard Madoff, is not likely to face criminal charges in connection with her husband's record-breaking fraud, according to reports last night. Sources close to the investigation told two US newspapers that there...
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News Source: Uinta County News
| 4 months ago
It is a suitable sentence for the architect of one of the longest, largest and cruelest financial frauds in recent history. "Here the message must be sent that Mr. Madoff's crimes were extraordinarily evil and that this kind of manipulation of the...
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News Source: Seattle Times
| 4 months ago
How much did you lose?" "How long will he get?" "Will he be handcuffed?" Swarms of reporters, cameramen, victims and gawkers began gathering outside a federal courthouse in Manhattan early Monday to catch one last glimpse of the man who seemed to...
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News Source: New Zealand Herald
| 4 months ago
Dressed funereally in a charcoal suit and a black tie, Madoff, 71, stood impassively as Denny Chin handed down a sentence that guarantees he will die in prison. The face-to-face apology that Madoff offered to his victims, the plea for clemency...
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News Source: The Age
| 5 months ago
An artist's sketch of Madoff in court. December with a string of superlatives — the largest, longest and most widespread Ponzi scheme in history — ended the same way on Monday as Bernard Madoff was sentenced to 150 years in prison, the maximum...
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News Source: Democracy Now
| 5 months ago
Bernard Madoff, the convicted mastermind behind one of the biggest financial frauds in U.S. history, was ordered Monday to serve 150 years in prison, the maximum sentence allowed. Madoff pleaded guilty in March to running a massive Ponzi scheme that...
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News Source: The Day
| 5 months ago
The applause and whoops of joy in the courtroom Monday after a judge sentenced epic swindler Bernard Madoff to the maximum 150 years in prison could not quite mask the pain caused by the once-respected financier. Though the punishment will...
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News Source: The Boston Globe
| 5 months ago
And yet investigators are still trying to determine its full scope. Last night, a person familiar with the investigation said 10 more people are likely to face federal charges over the next few months, the Associated Press reported.
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News Source: The Columbus Dispatch
| 5 months ago
A federal judge rejected Bernard Madoff's plea for leniency yesterday, sentencing the 71-year-old swindler to spend the rest of his life in prison for a multibillion-dollar fraud that destroyed the dreams of thousands of people...District Judge Denny...