Tuesday, March 25, 2014

" Madoff Five " Convicted.. !!!

 The Madoff   Era  is still not over.  The Trustee is  still recovering money. Lawyers  still making big  dollars. And the  criminal prosecutions are   continuing.
 A   Federal Court  Jury in  Manhattan  just convicted  5  former  "Madoff   Insider  Employees" of conspiracy etc.,  with (You guessed it) the help of  other  former disgraced  Madoff  Employees  who had cut deals.  The Jury evidently didn't accept the thrust  of  the defense that they  too  were  duped  by the Madoffs'.
  Hey, apparently every "scheme" needs cooperators. Well, these "cooperators " are looking at some real  time!  Congrats to the Prosecution.   Better late, than never!!

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