Breaking news today at the hearing for Bernie Madoff, financial investor; Bernie has plead guilty to all of the charges against him in one of the largest investigations ever into a Ponzi scheme which ripped off both celebrities and everyday people alike. Madoff has admitted that he knowingly took money and mis-handled it and lied about it under oath; while actively hiding his activities.
Bernie Madoff made statements to the court that he is sorry, ashamed and acknowledges that he has hurt many people; he admitted his guilt. Those statements are some of the biggest understatements ever made. There are those who have lost their life savings, some who have allegedly committed suicide over their financial situations, others who have need of medical interventions that could save their lives…but now, cannot afford to have done, people who can’t afford to pay their rent/mortgages because of the deliberate actions of Mr. Madoff. (more…)
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