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Madoff pleads guilty, is jailed for $65 billion fraud
(Reuters)

March 12th, 2009 · No Comments

Disgraced financier Bernard Madoff leaves the US Federal Court in New York. Madoff is expected to plead guilty to a massive fraud and for the first time face some of his thousands of victims.(AFP/Stan Honda)Reuters – Bernard Madoff pleaded guilty on Thursday to orchestrating the biggest investment fraud in Wall Street history and was jailed to await a sentence that could keep him in prison for the rest of his life.




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[Source: Yahoo! News: Business]

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