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Tag: Associagted Press

Feds Investigating 10 of Madoff’s Associates

Bernie Madoff/youtube

Bernie Madoff/youtube

By Allan Lengel
ticklethewire.com

Surprise. Surprise. It looks like good old Bernie Madoff — one of the great ripoff artists of the 21st Century — didn’t act alone.

The Associated Press is reporting that the feds are investigating 10 people associated with Madoff.

The news service, attributing the report to “a person who spoke on the condition of anonymity” said the person would not provide details on whether the targets include Madoff’s family members or former employees.

Who knows, if Madoff cooperates, maybe the feds will knock off 10 years off his 150 year sentence he got on Monday.