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Tag: Bernie Madoff

When Will We See Them Again? Release Dates on Some Public Figures

By Allan Lengel
ticklethewire.com

 It’s interesting how soon we forget about public figures when they run afoul of the law. Sometimes years go by before we finally say, “Gee, whatever happened to Congressman so-and-so” and “I wonder when he’s getting out of prison.”

Well, ticklethewire.com was wondering the same. So we checked with the Bureau of Prisons to see when we might see some of the folks in public again. Here’s an update on their release dates.

Bernie Kerik/facebook

Bernie Kerik:  Kerik,  57, seemed to have it all.  The former New York City Police Commissioner was a post-9/11 hero. He had his boy Rudy Giuliani promoting him. And then the roof fell in. He was caught lying when being considered for head of Homeland Security under George W. Bush. And he was busted for receiving about $255,000 in renovations to his apartment from a company seeking contracts with the city. He was sentenced to four years in prison for eight felony counts. He’s serving out his sentence now in New York. Release date: 10-15-2013.

 Randall “Duke” Cunningham: Cunningham, 70, of California, was an influential Congressman who served from 1991 to 2005. His days as a player inside the Beltway ended when he resigned in November 2005 after copping a plea for taking at least $2.4 million in bribes from defense contractors. He was sentenced to 8 years and four months. He’s currently serving out his sentence in Tucson. Release date: 6-4-2013.

William Jefferson

William Jefferson: Jefferson, 65, the New Orleans Congressman, served nine terms before he was finally defeated. He could have been Congressman for life had it not been for an FBI sting. He was hardly known outside his district, that is until he stuffed $90,000 in marked FBI bills in freezer at his home on Capitol Hill. The judge in Alexandria, Va. hit him hard with a 13 year sentence. He is currently serving his time in Beaumont, Tex. Release date: 8-30-2023

 

Blagojevich/file photo

Rod Blagojevich: You can only  hope that Blago, 55, has learned to control his chatter-box persona in prison. Some people may not be so tolerant of that in such closed-in quarters. Blago was convicted in his first trial on only 1 of 24 counts, and that was for lying to an FBI agent. But the feds wised up and simplified the case in the second trial and got convictions on 17 of 20 counts. The judge didn’t hold back. He sentenced Blagojevich to 14 years in prison. He’s currently serving in Littleton, Colo. Release date: 5-23-2024

Bernie Madoff: Madoff, 74, will go down in history as one of the biggest swindlers of his time. He’s currently serving his sentence at the Butner prison facility in North Carolina. He got whacked with a ridiculous, but appropriate sentence of 150 years.Release date: NEVER.

Ex. Gov George Ryan

George Ryan Sr: Ryan, 78, served as Illinois 39th governor from 1999 to 2003. He was convicted in 2006 of racketeering, fraud and other offenses involving favoritism and kickbacks for state contracts and property leases. He was sentenced to 6 1/2 years in prison. He is currently serving out his sentence in Terre Haute, Ind. Release date: 7-4-2013.

 

Monica Conyers/facebook

 Monica Conyers: Conyers, 48, the wife of Rep. John Conyers Jr., was a city council member in Detroit. She was considered rather abrasive and combative and was particularly good at creating divisiveness in a city that could hardly afford that. She was convicted of bribery and sentenced to more than three years in prison.  She’s currently serving her time in Alderson, W. Va.Release Date: 5-16-2013.

 

 

When Will We See These Public Figures Again? Here’s the Release Dates

By Allan Lengel
ticklethewire.com

 It’s interesting how soon we forget about public figures when they run afoul of the law. Sometimes years go by before we finally say, “Gee, whatever happened to Congressman so-and-so” and “I wonder when he’s getting out of prison.”

Well, ticklethewire.com was wondering the same. So we checked with the Bureau of Prisons to see when we might see some of the folks in public again. Here’s an update on their release dates.

Bernie Kerik/facebook

Bernie Kerik:  Kerik,  57, seemed to have it all.  The former New York City Police Commissioner was a post-9/11 hero. He had his boy Rudy Giuliani promoting him. And then the roof fell in. He was caught lying when being considered for head of Homeland Security under George W. Bush. And he was busted for receiving about $255,000 in renovations to his apartment from a company seeking contracts with the city. He was sentenced to four years in prison for eight felony counts. He’s serving out his sentence now in New York. Release date: 10-15-2013.

 Randall “Duke” Cunningham: Cunningham, 70, of California, was an influential Congressman who served from 1991 to 2005. His days as a player inside the Beltway ended when he resigned in November 2005 after copping a plea for taking at least $2.4 million in bribes from defense contractors. He was sentenced to 8 years and four months. He’s currently serving out his sentence in Tucson. Release date: 6-4-2013.

William Jefferson

William Jefferson: Jefferson, 65, the New Orleans Congressman, served nine terms before he was finally defeated. He could have been Congressman for life had it not been for an FBI sting. He was hardly known outside his district, that is until he stuffed $90,000 in marked FBI bills in freezer at his home on Capitol Hill. The judge in Alexandria, Va. hit him hard with a 13 year sentence. He is currently serving his time in Beaumont, Tex. Release date: 8-30-2023

Blagojevich/file photo

Rod Blagojevich: You can only  hope that Blago, 55, has learned to control his chatter-box persona in prison. Some people may not be so tolerant of that in such closed-in quarters. Blago was convicted in his first trial on only 1 of 24 counts, and that was for lying to an FBI agent. But the feds wised up and simplified the case in the second trial and got convictions on 17 of 20 counts. The judge didn’t hold back. He sentenced Blagojevich to 14 years in prison. He’s currently serving in Littleton, Colo. Release date: 5-23-2024

Bernie Madoff: Madoff, 74, will go down in history as one of the biggest swindlers of his time. He’s currently serving his sentence at the Butner prison facility in North Carolina. He got whacked with a ridiculous, but appropriate sentence of 150 years. Release date: NEVER.

Ex. Gov George Ryan

George Ryan Sr: Ryan, 78, served as Illinois 39th governor from 1999 to 2003. He was convicted in 2006 of racketeering, fraud and other offenses involving favoritism and kickbacks for state contracts and property leases. He was sentenced to 6 1/2 years in prison. He is currently serving out his sentence in Terre Haute, Ind. Release date: 7-4-2013.

 

Monica Conyers/facebook

Monica Conyers: Conyers, 48, the wife of Rep. John Conyers Jr., was a city council member in Detroit. She was considered rather abrasive and combative and was particularly good at creating divisiveness in a city that could hardly afford that. She was convicted of bribery and sentenced to more than three years in prison.  She’s currently serving her time in Alderson, W. Va. Release Date: 5-16-2013.

 

2 Madoff Employees Asked in 2006 if Madoff’s Business Was a Scam

Bernie Madoff

By David Glovin and Bob Van Voris
Bloomberg

NEW YORK — After several drinks at a Greek restaurant on Manhattan’s Third Avenue in the summer of 2006, two computer programmers at Bernard Madoff’s (in picture) investment firm asked their supervisor whether the boss’s business was a scam.

Chief financial officer Frank DiPascali laughed off the question, telling George Perez and Jerome O’Hara that Madoff was honest. DiPascali would later tell the FBI he wondered why they took so long to ask.

His chronicle of the dinner, and the lengths to which Madoff went to convince employees that his massive fraud was a legitimate business, were revealed for the first time in FBI reports made public last week.

To read full story click here.

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More on the Bernie Madoff Fallout: 8 SEC Workers Disciplined

Bernie Madoff/facebook photo

By Allan Lengel
ticklethewire.com

The Madoff scandal is the gift that keeps giving.

The latest: David Hilzenrath of the Washington Post reports that the Securities and Exchange Commission has disciplined 8 of its employees as part of the agency’s failure to stop the fraud.

But Hilzenrath writes that no one was fired even though SEC’s head of human resources and a law firm hired that one person –described as a manager in the office that inspects investment firms — be fired.

Hilzenrath writes:

“The disclosure that no one was terminated comes at a time when street protesters and other critics who blame Wall Street for the country’s economic plight are questioning whether the government is serious about holding powerful wrongdoers accountable. This week, a federal judge excoriated the SEC for letting firms such as Citigroup settle fraud charges without admitting or denying wrongdoing.”

To read more click here.

De Niro to Play Swindler Bernie Madoff in HBO Film

gonemovies.com

By Allan Lengel
ticklethewire.com

He shined in “Goodfellas” and “Raging Bull”, just to name a few.

Now the big-screen legend Robert De Niro is about to play the 21st Century’s legendary swindler Bernie Madoff in an HBO movie, according to Deadline Hollywood.

Deadline Hollywood reports that the project has hired Reservation Road scribe John Burnham Schwartz to write the script.

Deadline Hollywood reported that HBO has optioned the book by d Diane Henriques “The Wizard Of Lies: Bernie Madoff And The Death Of Trust.”

Now if they can only figure out a way to get Joe (“You Think I’m Funny?) Pesci in the movie.

Madoff and Wife Tried Committing Suicide

Ruth Madoff/ny post

By Allan Lengel
ticklethewire.com

Before long everyone knew Bernie Madoff’s son Mark killed himself last year by hangning himself by a dog leash.

But what few know is that Madoff himself and his wife tried committing suicide as well, according to an interview this Sunday on CBS’ 60 Minutes, the Associated Press reported.

“I don’t know whose idea it was, but we decided to kill ourselves because it was so horrendous what was happening,” said Ruth Madoff.

Ruth Madoff told 60 Minutes that she he and her husband had receiving hate mail and “terrible phone calls” after the scandal became public.

She told 60 Minutes the couple took “a bunch of pills” including the insomnia prescription medication Ambien.

However, it didn’t work. The next day they woke up.

AP also reported that Madoff has told Barbara Walters in an interview that he has terrible remorse and horrible nightmares, but feels happier in prison than he has been in 20 years.

He told Walters that he had thought about suicide before he went off to prison, but not anymore.

 

 

Possibility of Charging Madoff Relatives Fading

Mark Madoff committed suicide/facebook photo

By Allan Lengel
ticklethewire.com

Nearly three years after the feds began investigating world-class swindler Bernie Madoff, it appears less and less likely charges will be filed against his brother, son and niece, the Associated Press reports.

AP reported that “people with knowledge of the case” said potential evidence against brother Peter Madoff, son Andrew Madoff and niece Shana Madoff was turned over to prosecutors in the spring and that a decision was expected by summer’s end.

“The U.S. attorney’s office in Manhattan hasn’t taken any action, suggesting any potential criminal evidence gleaned from a massive paper trail and the testimony of cooperators isn’t strong enough to conclusively prove that the three knew that Madoff spent decades orchestrating the largest Ponzi scheme in history, said the people, who spoke on condition of anonymity because a final decision hasn’t been announced,” AP wrote. “All three family members have denied any wrongdoing.”

AP reported that prosecutors have decided not charge Madoff’s wife Ruth. His son Mark, a former executive with the company, committed suicide last year, AP reported.

 

Fed Judge Explains Why He Gave Bernie Madoff 150 Years

Bernie Madoff

By Allan Lengel
ticklethewire.com

A Manhattan federal  judge who sentenced swindler Bernie Madoff has told the New York Times that he weighed different factors before handing out a 150 year sentence.

Madoff’s lawyer  Ira Lee Sorkin had tried to convince U.S. District Judge Denny Chin,57, to give a far lesser sentence. He cited, according to the Times, Madoff’s move to tell his sons, knowing he’d be turned in. And he argued that Madoff, who was then 71, would live about 13 years. So he asked for 12 “just short of an effective life sentence.” The Times reported that Sorkin also proposed 15 to 20 years.

“It’s a fair argument that you want to give someone some possibility of seeing the light of day,” the judge told the Times, “so that they have some hope, and something to live for.”

He said he immediately rejected a 12 year sentence, but struggled with the idea of dishing out 20 to 25  years before ultimately concluding:

“In the end, I just thought he didn’t deserve it,” he told the Times. “The benefits of giving him hope were far outweighed by all of the other considerations.”

The Times also interviewed Madoff, who commented on the sentence.

“Explain to me who else has received a sentence like that,” Madoff said in a phone interview with the Times from prison in  North Carolina. “I mean, serial killers get a death sentence, but that’s virtually what he gave me.”

“I’m surprised Chin didn’t suggest stoning in the public square,” he added.

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