Madoff monopolized in prison clandestine trade hot chocolate

Bernard Madoff

Financier Bernard Madoff, Creator of the largest financial pyramid in the history of the United States, monopolized in prison clandestine trade hot chocolate. On it informs TV channel Fox News, citing one of the journalists, who visited the prisoner.

“He bought in the prison shop all packages of Swiss Miss powder, and then sold them at a premium in the yard for walks of prisoners”, — said the reporter. According to him, Madoff has arranged everything so that everyone who wants to drink hot chocolate could buy a drink.

Madoff, a former Chairman of the Board of Directors of stock exchange Nasdaq and the founder of the firm Bernard L. Madoff Investment Securities LLC, is serving a 150-year sentence. In 2009, he was found guilty on 11 counts, including money laundering, perjury and fraud.

Madoff was arrested in 2008, when it became clear that the Fund is a financial pyramid. The total losses of depositors of the company are estimated to amount to 50-60 billion dollars. In December 2013, it was reported that compensation was able to collect only 12,9 billion dollars.

In the case of fraud and was sentenced a few assistants financier. So, a former accountant of Irwin Lipkin, confined to a wheelchair, was sentenced to six months in prison and a 1.5-year house arrest.

Director of operations Daniel bonventre was sentenced to ten years imprisonment. Ex-managers Annette Bongiorno and Joan Crupi was sentenced to six years imprisonment. The former programmer Jerome O’hara and George Perez was given 2.5 years in prison.