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
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