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BBC: Madoff admits $50bn fraud scheme

Started by riky, March 12, 2009, 04:42:15 PM

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riky

March 12, 2009, 04:42:15 PM
Madoff admits $50bn fraud scheme

Disgraced US financier Bernard Madoff pleads guilty to a $50bn (£35bn) investment fraud and says he is "sorry and ashamed".

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