Criminal Complaint Against Bernard Madof


JD Supra: Legal Documents – Criminal COmplaint Against Bernard Madoff | Other

US v Madoff
Criminal COmplaint Against Bernard Madoff

SUMMARY: Federal Bureau of Investigation agent Theodore Cacioppi said Mr. Madoff’s investment advisory business had “deceived investors by operating a securities business in which he traded and lost investor money, and then paid certain investors purported returns on investment with the principal received from other, different investors, which resulted in losses of approximately billions of dollars.”