Madoff's wife withdrew $15.5M before his arrest

[rpannier]

NEW YORK (CNN) -- The wife of accused swindler Bernard Madoff pulled $15.5 million out of a Madoff-related brokerage firm in Massachusetts in the weeks before his arrest, authorities there disclosed Wednesday.

The withdrawals by Ruth Madoff took place in November and December, according to a complaint filed by state regulators against Cohmad Securities, a firm they said was "intertwined" with Madoff's New York-based company.

The regulators say Cohmad has refused to provide information about its ties to Madoff, who is accused of running a Ponzi scheme that may have cost investors up to $50 billion.

link:
http://www.mashget.com/2009/02/11/madoffs-wife-withdrew-155m-before-his-arrest/

[Horse with no Name]

1. Yeah and I am "sure" that the timing had nothing to do with her withdrawal

:eyes:

[Raven]

2. These two need new living quarters...small and windowless.

[floridablue]

3. Co-Swindler

[Vinnie From Indy]

4. Isn't that nice!

The fucking brass balls on these people is unrivaled. One only hopes that this money can be found and returned to it's rightful owners.

[bridgit]

5. Isn't she now a principle accomplice in his/now their: ponzi scheme?

Cause I could buy allot of cat food and do allot of laundry for 15.5mil, plus there's the new Red Hawk Casino up the road and I could play penny slots for decades on end :thumbsup:

[Jackpine Radical]

6. See? That's the difference between rich people & us.

They have foresight. They're smart. They plan ahead.