Madoff Remains Free as Judge Considers Prison Request (Bloomberg)
Bernard Madoff, awaiting trial for securities fraud, remained free on bail while a federal judge considered a request by prosecutors to send him to prison for mailing $1 million of valuables in violation of an asset freeze.
The items included cuff links, watches, a pin and a pair of mittens, Sorkin said. The cuff links are worth $25 and the watches are worth more, he added, without being more specific. He told the Madoffs on Dec. 30 to get the items back, Sorkin said.
The items were mailed to his brother Peter Madoff, his two sons, a daughter-in-law and an unnamed New York City couple now vacationing in Florida, Sorkin and Litt said. [Read more]
This is insane. Lock Madoff up already. I wonder if they haven’t put him in jail in hopes that someone would have fed him to the fishes by now.
Aimee
Aim for Answers
Filed under: Madoff Case, News & Views, The One Percent , bernard madoff, fraud, madoff, peter madoff, Ponzi scheme, ruth madoff, sorkin
