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Gothamist is the #1 Blogger for Bernard Madoff
Sure, multi-billion dollar Ponzi scheme mastermind Bernard Madoff knew what he was doing was wrong , but he really doesn't want to face up to 150 years in prison . Today, Ira Sorkin, a lawyer for the 71-year-old disgraced financier, told U.S. District Judge Denny that a 12-year sentence woul...
The liquidator for Bernard Madoff’s defunct business said the family of deceased New York real estate magnate Norman F. Levy agreed to pay $220 million to settle claims over its profit from the fraud.
Thu, Jan 28 | from BusinessWeek