Latest update: 29/06/2009 

- Bernard Madoff - fraud - Wall Street


Court to sentence Madoff over investment fraud
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Fraudulent financier Bernard Madoff will hear on Monday the prison term he is sentenced to for having tricked his clients out of an estimated $61 billion. Prosecutors have asked for 150 years, "the maximum punishment allowed by law".
By News Wires (text)
Sarah DRURY (video)

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REUTERS - Bernard Madoff, who became a symbol of greed in the financial crisis for masterminding Wall Street's biggest investment fraud, faces the rest of his life in prison in one of the stiffest punishments for white-collar crime when he is sentenced on Monday.