The Blotter: Brian Ross Investigates

Bad Timing? Madoff's Wife Withdrew $10Mil a Day Before His Arrest, State Says

On Dec. 10 - one day before she agreed to secure her husband's $10 million bail - Ruth Madoff allegedly withdrew $10 million from a feeder fund under investigation by Massachusetts authorities for allegedly steering victims to alleged $50 billion fraudster Bernard Madoff, according to a state complaint filed today in Boston. News of that curiously timed withdrawal came even as federal prosecutors in New York acknowledged in court papers today that they are engaged in ongoing talks with...Full Story
Commenting on this article is closed.
Member Comments (59)
 
ABC News on Facebook
Connect with Us
Social Tools Facebook Twitter Twitter Connect with Us YouTube RSS
ABC News Newsletters