FINAL MADOFF PLUNDER PLAN
Prosecutors: Bernie was ready to send out huge checks to kin and pals
Checks Were Set To Be Mailed Just Before Bust, Feds Warn Judge
FierceFinance
The disclosures, in the unfolding Bernard Madoff scandal, continue to shock. The latest: Prosecutors say they found roughly 100 signed checks for no less than $173 million in Bernie's office desk, reports the AP. He allegedly was set to send them to family and friends when he was arrested.
The $173 million may have been merely part of the funds that Bernie allegedly was trying to siphon away. Prosecutors believe he was planning to somehow transfer up to $300 million. The disclosures are part of an effort to persuade a judge to revoke Madoff's bail and send him to prison. A ruling is expected as early as today. It certainly seems that whatever "cooperation" was going on previously, is now over.
For more:- here's the AP article
Related Articles: Madoff news from FierceFinance
===============================================================
Please send your comments to GreenwichRoundup@gmail.com
No comments:
Post a Comment
Useful criticism, helpful links and corrections and general comments are always welcome at Greenwich Roundup. Generally only spam ads and posts with very foul language get censored.
Contact me directly at GreenwichRoundup@gmail.com if you have a suggestion or comment you don't want publicized (but tell me so in your email).
I look forward to publishing your opinions.
COMMENTING RULES: We encourage an open exchange of ideas in the Greenwich community, but we ask you to follow our guidelines. Basically, be civil, smart, on-topic and free from profanity. Don't say anything you wouldn't want your mother to read!