Securities Law Prof Blog

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

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Wednesday, January 7, 2009

Prosecutors Seek to Revoke Madoff's Bail

According to the government's brief, Bernie Madoff sent to his family packages containing 13 watches, 4 diamond brooches, a jade necklace, 2 sets of cufflinks and other jewelry worth at least $1 million.  Prosecutors say this violates the terms of a court order and makes Madoff an increased flight risk.  Madoff's attorney says it was a mistake.  NYTimes, Court Filing Details Items Madoff Sent.

http://lawprofessors.typepad.com/securities/2009/01/prosecutors-see.html

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