Disgraced financier Madoff (left), 71, was sentenced to 150 years imprisonment on Monday after he pleaded guilty in March to orchestrating a worldwide investment scheme of as much as US$65 billion (S$94.1 billion). --PHOTO: AP
NEW YORK - TEN or more people associated with multibillion dollar swindler Bernard Madoff could face criminal charges in investigations in the coming months or beyond, a law enforcement source said on Tuesday.
Disgraced financier Madoff, 71, was sentenced to 150 years imprisonment on Monday after he pleaded guilty in March to orchestrating a worldwide investment scheme of as much as US$65 billion (S$94.1 billion).
'When all is said and done, the FBI thinks there is a good chance it will be able to charge 10 or more people,' said the law enforcement source, who asked not to be identified because the investigation is continuing. -- REUTERS