New York, February 12: Ruth Madoff, wife of the traitor Bernard Madoff took out $15.5 million just prior to her husbands arrest on December 11, 2008. $10 million were withdrawn a day before the arrest while $5.5 million were withdrawn in late November, US prosecutors say.
Washington, February 5: Tardy, inexperienced and lacking dexterity is what can be said of the SEC officials when one listens to what Harry Markopolos has to say. Markopolos, an investment manager, had tried since the year 2000 to wake up the regulators by tipping them off about a possible fraud in the Bernard Madoff ponzi scheme.
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