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So Madoff violated his bail conditions?

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Blue Diadem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-06-09 12:30 PM
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So Madoff violated his bail conditions?
Maybe now they'll revoke his bail and keep him in jail so he can't hide his assets. As of yesterday he was still free on bail and confined to his apartment.

http://www.cnn.com/2009/CRIME/01/05/madoff.bail.hearing/index.html

NEW YORK (CNN) -- Prosecutors asked a judge Monday to revoke bail and jail investment guru Bernard Madoff, who is accused of defrauding investors worldwide out of billions in a Ponzi scheme.

Madoff violated bail conditions by mailing expensive jewelry and other assets to relatives, as well as a Florida couple, and should be jailed without bail, prosecutors told U.S. District Magistrate Judge Ronald Ellis at a bail hearing Monday.

One of the items was worth about $1 million and contained a hand-written note from Madoff, prosecutors said.

The judge withheld his decision and asked the lawyers to submit additional written materials this week.
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