Madoff's Incredible Money Laundry
Bernard Madoff did not merely plead guilty to running a multi-billion dollar Ponzi Scheme.
He’ also pleaded guilty to multiple counts of "international money laundering." This latter criminal enterprise has not fully come to light because while Madoff talked freely to prosecutors about the mechanics of the swindle itself, he stonewalled the court-appointed Trustee Irving Picard’s effort to unravel his tangle of money laundering to the extent that his counsel, David Sheehan, wrote the court just before his sentencing that Madoff has "not provided meaningful.
Thursday, July 16, 2009
The unfinished story of Bernie Madoff
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