
Legal News for Thurs 12/11 - Judge on Trial Over ICE Obstruction, Trump Wants His Face on Park Passes, No Tax On Social Security is a Lie and new AI Homicide Litigation
This Day in Legal History: Madoff Arrested
On December 11, 2008, Bernard L. Madoff was arrested by federal agents and charged with securities fraud, marking the start of one of the most consequential white-collar crime cases in American legal history. Madoff, a former NASDAQ chairman and respected figure in the investment world, confessed to running a Ponzi scheme that defrauded thousands of investors—individuals, charities, and institutional clients—out of an estimated $65 billion. The legal scheme unraveled when Madoff admitted to his sons that the business was “one big lie,” prompting them…
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