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New York - Investigators: At Time Of Arrest Madof 'Der Ganef' Stashed $173m Cheques for Associates

Jan 08, 2009 at 01:42 PM

New York - Bernard Madoff had $173m in signed cheques in his office desk, ready to send out at the time of his arrest last month, US prosecutors have said. The detail was provided in a court filing as prosecutors argued that Mr Madoff should have his bail revoked and be sent to jail. He is accused of running a fraudulent $50bn scheme, which saw heavy losses for many investors around the...

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