Bernie Madoff Headquarters Fueled by Cocaine and Topless Women According to Court Papers
MANHATTAN - Attorney Joseph Cotchett filed a lawsuit against Ponzi schemer Bernie Madoff saying his Securities office was known as the "North Pole" because it was fueled by cocaine.
The suit was filed Tuesday night in the Manhattan Supreme Court. It alleges as far back as 1975, Madoff had two street guys on his payroll to set up a cocaine pipeline into the offices of Madoff Securities.
Madoff's headquarters are portrayed as an animal house with "a culture of sexual deviance" that had many drug fueled parties with topless waitresses who wore little more than G-strings.
The suit, which was originally filed in June, adds a host of new corporate defendants, including the Bank of New York, JPMorgan Chase, KPMG and Oppenheimer.
Madoff is currently serving his 150 year sentence in a North Carolina prison.
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News Stories
- News Source: Gawker | about 1 month agoBillionaire real estate mogul Steve Roth has been unmasked as the lucky winner in the bidding for Bernie Madoff 's Montauk $9.4 million beach house. There were four bidders for the 1.2 acre, 3,000-square-foot beachside four-bedroom home, which sold...
- News Source: Gawker | about 1 month agoWhen the Bernie Madoff scandal broke, New York Mets fans were momentarily terrified because the team's owners had huge accounts with Madoff's firm...The Mets-owning Wilpon family actually made money on at leason one Madoff account...Madoff's company,...
- News Source: CNN | about 1 month agoA new lawsuit alleges that convicted swindler Bernie Madoff financed a cocaine-fueled work environment and a "culture of sexual deviance," and he diverted money to his London, England, office when he believed federal authorities were closing in at...
- News Source: Times Online | about 1 month agoThe first details of the former financial wizard’s life behind bars emerged in court papers filed by a California lawyer named Joseph Cotchett who interviewed him in the Butner Correctional Complex in North Carolina for four hours in July.
- News Source: The Guardian | about 1 month agoDisgraced financier Bernard Madoff arrives at Manhattan Federal court Photograph: Stephen Chernin/Getty Images The disgraced Wall Street fund manager Bernard Madoff has swapped a cocaine-fuelled life of luxury for a prison regime in which he eats...
- News Source: United Press International | about 1 month agoA lawsuit filed by a former employee of Bernard Madoff's New York investment firm alleges rampant cocaine use and a rowdy party corporate culture. The supplemental filings to the suit also add new defendants to the civil case, including Bank of New...
Blogs
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- Blog Source: www.huffingtonpost.comAccording to the allegations – their source isn't specified – Madoff deployed an employee and to get drugs from 1975 to 2003, fueling an office so cocaine-laden insiders dubbed it "the North Pole." Office parties featured topless ...
- Blog Source: blogs.usatoday.comConvicted Ponzi schemer Bernie Madoff promoted a "culture of sexual deviance" at his New York headquarters that featured vast quantities of cocaine and drug-fueled parties with topless waitress, according to details of a new lawsuit.
- Blog Source: rightardia.blogspot.comSalon.com also indicates that Madoff's company was fueled by drugs. Madoff's office so cocaine-laden insiders dubbed it "the North Pole." Office parties featured topless waitresses and employee affairs were common. ...
- Blog Source: tented.blogspot.comTop pollster shows how asking an ignorant public something they are clueless about produces a bogus poll. Court papers claim Bernie Madoff's Securities offices were fueled by cocaine, topless. Phew. We thought it was just about money. ...
Post a Comment Comments: 2
Sounds like some scene straight out of a Ying Yang Twin video. It's just disappointing. I don't know how a criminal and corrupt individual like this reached positions of such high caliber.
He's not living high anymore. It is amazing he got away with all his evil for so many years. I wonder if he was paying off some people at the SEC?
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