Unreal this Ponzi guy

from The Wall Street Journal


Jan. 8, 2009

Federal prosecutors said Thursday that investigators who searched Bernard Madoff's office desk after the money manager's arrest on Dec. 11 found about 100 signed checks totaling more than $173 million. The revelation came as part of a motion by the U.S. attorney's office in Manhattan to revoke Mr. Madoff's bail.

As previously disclosed, Madoff had allegedly told his sons that he wanted to transfer what funds were left at his firm, $200 million to $300 million, to certain employees, relatives and friends.


posted by Peter Greene