Madoff fraud exerts grim toll on investors - 29 June 09
- 12 years ago
The disgraced financier Bernard Madoff is to be sentenced after being found guilty of running the biggest investment fraud in US history.
Madoff's investment racket is believed to have cost his clients almost 65 billion dollars.
At least 1,341 account-holders were swindled, with prosecutors still working to uncover new victims.
John Terrett reports.
Madoff's investment racket is believed to have cost his clients almost 65 billion dollars.
At least 1,341 account-holders were swindled, with prosecutors still working to uncover new victims.
John Terrett reports.