Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Thursday, December 11, 2008

FBI Arrests Bernie Madoff

The Wall St. Journal reports that Bernard L. Madoff, founder of Bernard L. Madoff Investment Securities, was arrested by the FBI and charged with criminal securities fraud.  The complaint states that he told some employees that his business was a "giant Ponzi scheme."  WSJ, Madoff Charged With Securities Fraud.

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Merry Christmas from Wall Street. Madoff will never be able to repay society for the staggering amount he stole

Posted by: P Roberts | Dec 11, 2008 8:46:11 PM

Incidentally ,there is an interesting website where you can literally punch an animated Madoff.Visit the Angst Punch section,it’s some satisfaction for the soul!

Posted by: Jayshree | Mar 31, 2009 12:09:41 AM

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