Criminal Justice
Letters to Court About Madoff Released; Many Writers Call for More Scrutiny
Posted Mar 20, 2009 8:04 PM CST
By Martha Neil
Responding to a news media request, federal prosecutors in Manhattan today released dozens of letters and e-mails sent to the federal court handling the criminal case against Bernard Madoff.
Many writers urged the justice system not to go easy, either on sentencing Madoff in a gargantuan Ponzi scheme that could total up to $65 million, or in investigating the role that others allegedly may have played in perpetuating the fraud for many years, according to a Wall Street Journal (sub. req.) article that links to copies of the letters.
"We believe that Madoff is still obstructing justice by plea bargaining to protect co-conspirators," says a March 9 letter written by an engineer and a paralegal whose names have been redacted.
At the same time that the couple, who are in their mid-sixties, have had 30 years of retirement savings wiped out by the fraud, they write, they are forced to watch "an outrageous situation in which our funds are being used for his private security, his attorneys and the upkeep on his multiple dwellings, yachts and other booty."
Since then, the situation has changed somewhat, as discussed in earlier ABAJournal.com posts: After pleading guilty, Madoff has been jailed, pending sentencing, as a security risk. Another person (his storefront accountant) has been charged with securities fraud. And authorities are seeking forfeiture of essentially all assets held by Madoff's wife, who is not herself accused of any wrongdoing.
Earlier coverage:
ABAJournal.com: "Appeals Court Denies Bail for Madoff, Cites Chance of Hidden Assets"
ABAJournal.com: "Madoff’s Storefront Accountant Is Charged with Securities Fraud"
ABAJournal.com: "Feds Seek $100M From Madoff’s Wife, Including $7M Yacht"
ABAJournal.com: "Experts Say Madoff Must Have Had Help With Alleged $50B Ponzi Scheme"
- How B of A’s GC Got Fired: Leave Now, and Leave Your BlackBerry Behind
- Schools Ranked by 'Super Lawyers' Produced
- Law Firm Price Wars Break Out as Some Try ‘Loss Leader’ Bids for Work
- Five Questions for Law Firms Abandoning Lockstep Compensation
- Judge Jails 2 Attorneys for Contempt in 4 Days
- Reed Smith Will Ask Nonequity Partners to Pony Up Possibly 15% of Pay
- Court Deputy Ordered to Apologize or Face Jail After Taking Lawyer's Paperwork
- Skadden Jumps on the Bonus Bandwagon
- ABA Executive Director Resigns
- Nasty Attitude to Co-Worker, Naughty Word in E-Mail Cost 2 Their Jobs
Should Supreme Court Justices Be Able to Review News Accounts Before Publication?
Comments
Eliot Bernstein
Mar 21, 2009 5:25 AM CST
MADOFF + STANFORD + DREIER + SATYAM + ALBERT HU = PROSKAUER ROSE
Investors who have been burned in these scams should start to seek redress from the lawyers who were involved with these scams. I have been trying to notify regulators and authorities of this TRILLION DOLLAR scam that is putting states like New York and Florida at huge risk, as well as, companies like Intel, Lockheed, SGI and IBM. The states and companies involved in the fraud fail to acknowledge the risk exposing shareholders and citizens to impending liabilities. Investigators, courts and federal agents ignoring the crimes, including a car bombing attempt on my life. I know how Harry Markopolos felt.
Did I hear Proskauer Rose is involved in Madoff (involved many clients too) and acted as Allen Stanford’s attorney. Investors who lost money in these scams should start looking at the law firm Proskauer’s assets for recovery. First, Proskauer partner Gregg Mashberg claims Madoff is a financial 9/11 for their clients, if they directed you to Madoff sue them. Then, Proskauer partner Thomas Sjoblom former enforcement dude for SEC and Allen Stanford attorney, declares PARTY IS OVER to Stanford employees and advises them to PRAY, this two days before SEC hearings. Then at hearings, he lies with Holt to SEC saying she only prepared with him but fails to mention Miami meeting at airport hanger. Then Sjoblom resigns after SEC begins investigation and sends note to SEC disaffirming all statements made by him and Proskauer, his butt on fire. If you were burned in Stanford sue Proskauer.
Proskauer Rose and Foley and Lardner are also in a TRILLION dollar FEDERAL LAWSUIT legally related to a WHISTLEBLOWER CASE also in FEDERAL COURT. Marc S. Dreier is also a defendant in the Federal Case.
The Trillion Dollar suit according to Judge Shira Scheindlin is one of PATENT THEFT, MURDER AND A CAR BOMBING. For graphics on the car bombing visit www.iviewit.tv.
The Federal Court cases
United States Court of Appeals for the Second Circuit Docket 08-4873-cv - Bernstein, et al. v Appellate Division First Department Disciplinary Committee, et al. - TRILLION DOLLAR LAWSUIT
Cases @ US District Court - Southern District NY
(07cv09599) Anderson v The State of New York, et al. - WHISTLEBLOWER LAWSUIT
(07cv11196) Bernstein, et al. v Appellate Division First Department Disciplinary Committee, et al.
(07cv11612) Esposito v The State of New York, et al.,
(08cv00526) Capogrosso v New York State Commission on Judicial Conduct, et al.,
(08cv02391) McKeown v The State of New York, et al.,
(08cv02852) Galison v The State of New York, et al.,
(08cv03305) Carvel v The State of New York, et al., and,
(08cv4053) Gizella Weisshaus v The State of New York, et al.
(08cv4438) Suzanne McCormick v The State of New York, et al.
Flag this comment
Dr. Evil
Mar 21, 2009 5:26 AM CST
Is that 65 Milllliooon or 65 Billllion?
Flag this comment
B. McLeod
Mar 21, 2009 2:56 PM CST
Bernstein, et al. looks like it could be the most interesting. What’s that one about?
Flag this comment
Add a Comment
We welcome your comments, but please adhere to our comment policy.
Commenting has expired on this post.