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.