Monday, January 05, 2009

Madoff Tries to Hide Jewels

This guy gets creepier by the minute:
The sons of Bernard Madoff, who is accused of orchestrating a massive Ponzi scheme, alerted prosecutors last week that their father mailed them jewelry, watches, and other items in violation of an asset freeze, his lawyer said.

U.S. prosecutors today asked a federal judge to revoke Madoff’s bail because he violated the freeze. U.S. Magistrate Judge Ronald Ellis asked for legal briefs by Jan. 7 from the government and from Madoff, who remains free in his Manhattan apartment on a $10 million bond.

Madoff mailed five packages of items, including “some very valuable jewelry,” after his assets were frozen by a judge in a related civil lawsuit, said Assistant U.S. Attorney Marc Litt in court today. Defense lawyer Ira Sorkin said the objects, which included pens and $25 cuff links, were heirlooms innocently sent to Madoff’s children and brother, Peter.