Madoff appeals for bail and reveals wife’s huge fortune

Madoff appeals for bail and reveals wife’s huge fortune
After barely 24 hours in prison, the Wall Street fraudster Bernard Madoff has launched an attempt to return to his Manhattan penthouse through an appeal for bail which discloses the true extent of his lavish lifestyle. Documents filed by defence lawyers estimate that Madoff and his wife, Ruth, have assets...

Madoff sent to jail as furious victims applaud

Madoff sent to jail as furious victims applaud
NEW YORK – Careful to blame only himself, a “deeply sorry and ashamed” Bernard Madoff pleaded guilty Thursday to pulling off what could be the biggest, most spectacular swindle Wall Street has even seen, and was sent off to jail in handcuffs to the applause of his furious victims. “I...

Ruth Madoff to hire a new attorney, NY lawyer says

Ruth Madoff to hire a new attorney, NY lawyer says
NEW YORK (Reuters) - Ruth Madoff, who is named as a defendant in two civil cases stemming from the purported financial fraud of her husband, Bernard Madoff, is going to hire her own lawyer, one of the Madoffs’ attorneys said on Monday. Both Madoffs have been represented by Ira Lee Sorkin and Daniel...