Madoff Scandal

By: Associated Press
By: Associated Press

NEW YORK (AP) Prosecutors claim Madoff has been trying to protect his assets from investors burned by a $50 billion fraud, and want his bail revoked.

They say he sent $1 million worth of jewelry as holiday gifts.
Before his arrest, they say, he was ready to send 100 signed checks
worth $173 million to family and friends.

The defense says the sending of the gifts was an innocent
mistake, and believe he should be free on bail.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WCTV 1801 Halstead Blvd. Tallahassee, FL 32309
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 37368674 -
Gray Television, Inc.