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Govt outlines potential conflicts in Madoff case

 Bernard Madoff arrives at Manhattan federal court for a hearing to discuss potential conflicts of interest between him and his lawyer, Tuesday, March...

Madoff Scandal

Bernard Madoff arrives at Manhattan federal court for a hearing to discuss potential conflicts of interest between him and his lawyer, Tuesday, March...

The government is detailing some potential conflicts of interest between the money manager Bernard Madoff and his lawyer.
The letter from prosecutors was made public just before a hearing Tuesday, where Madoff is expected to tell the judge he knows about the potential conflicts but is not bothered by them.
Prosecutors note that Madoff lawyer Ira Sorkin and his family invested tens of thousands of dollars with Madoff. Sorkin also represented an accounting firm that did business with Madoff.
Hours before the hearing, Madoff was seen leaving his apartment building under a large umbrella even though it wasn't raining.
Madoff is accused of swindling investors out of billions of dollars.


Updated : 2021-06-19 12:18 GMT+08:00