How special ... Madoff's wife grabbed 15 mill before the arrest

Doc Mercer

EOG Master
Reuters

Madoff's wife pulled out $15 million before his arrest
Feb 11 2009 12:12PM EST

BOSTON (Reuters) - The wife of accused Wall Street swindler Bernard Madoff pulled $15 million out of a brokerage account only days before her husband was arrested, Massachusetts' top securities regulator said on Wednesday.

Secretary of State William Galvin said Ruth Madoff withdrew $5.5 million on November 25 and $10 million on December 10 according to reports produced by Cohmad Securities, a firm co-owned by her husband.

Madoff is accused of masterminding a $50 billion Ponzi scheme. He was arrested and charged with securities fraud on December 11. In a Ponzi scheme, early investors are paid with money from later investors.

For years, Cohmad Securities, partly owned by Madoff, received monthly payments from the financier for "professional services", "brokerage services" and "fees for account supervision," Galvin's office said.

Read more: http://www.portfolio.com/news-markets/national-news/reu...
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Hennessey

EOG Dedicated
Re: How special ... Madoff's wife grabbed 15 mill before the arrest

That's all they need? Ouch! That's gotta hurt losing all that cash...
 

PassTheRock

EOG Master
Re: How special ... Madoff's wife grabbed 15 mill before the arrest

I can’t believe this thief hasn’t been shot.
 

Doc Mercer

EOG Master
Re: How special ... Madoff's wife grabbed 15 mill before the arrest

90 yr old guy lost 750k because of this ass

It that was my Dad I would be doing a McVeigh to that bldg he lives in
 

PassTheRock

EOG Master
Re: How special ... Madoff's wife grabbed 15 mill before the arrest

The man should spend his life in prison and should not have been given bail so he could go live in a luxury penthouse. He should have been in the lockup until trial. A kid who steals a few TVs would get harsher treatment than this man who stole $50 billion.
 

Hennessey

EOG Dedicated
Re: How special ... Madoff's wife grabbed 15 mill before the arrest

The man should spend his life in prison and should not have been given bail so he could go live in a luxury penthouse. He should have been in the lockup until trial. A kid who steals a few TVs would get harsher treatment than this man who stole $50 billion.


All this tough talk coming from a PIRATE. Classic.


:LMAO
 

Hennessey

EOG Dedicated
Re: How special ... Madoff's wife grabbed 15 mill before the arrest

Speaking of pirates...

You know how to give a chick The Pirate?

You skeet in her eye and punch her in the stomach so she doubles over and says, "Argh"
(Peg leg optional)
 

Doc Mercer

EOG Master
Re: How special ... Madoff's wife grabbed 15 mill before the arrest

Hennesey:

whatever you need to do to get Blondie in the mood ...

I salute ya senor!!
 

PassTheRock

EOG Master
Re: How special ... Madoff's wife grabbed 15 mill before the arrest

Speaking of pirates...

You know how to give a chick The Pirate?

You skeet in her eye and punch her in the stomach so she doubles over and says, "Argh"
(Peg leg optional)
fucking genious!! :cheers
 

Hennessey

EOG Dedicated
Re: How special ... Madoff's wife grabbed 15 mill before the arrest

I always thought a Butt Rodeo would be hilarious.

A group of guys hides in the closet while "the rider" starts bangin some chick from behind. Then they bust out of the closet and start counting and "the rider" has to hang on for dear life.

It's always funny in my head at least...

Spring Break would never be the same.
 
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