SEC, Madoff agree to settle civil fraud case (AP)

Posted by admin on February 11, 2009 under News | 4 Comments to Read

SEC, Madoff agree to settle civil fraud case (AP)

In this Wednesday, Jan. 14, 2009 file photo, Bernard L. Madoff, the accused mastermind of a $50 billion Ponzi scheme, leaves Federal Court in New York. The Securities and Exchange Commission on Monday announced an agreement with Madoff that could eventually force him to pay a civil fine and return money raised from investors. (AP Photo/Stuart Ramson, file)AP – The Securities and Exchange Commission on Monday announced an agreement with disgraced money manager Bernard Madoff that could eventually force him to pay a civil fine and return money raised from investors.


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