Complete list of Madoff charges

March 12, 2009 10:31:21 AM PDT
Here are a list of the charges brought by federal prosecutors against Bernard Madoff: Count One: Securities Fraud
Maximum penalty: 20 years in prison, fine of the greatest of $5 million or twice the gross gain or loss from the offense, and restitution.

Count Two: Investment Adviser Fraud
Maximum penalty: 5 years in prison, fine of the greatest of $10,000 or twice the gross gain or loss from the offense, and restitution.

Count Three: Mail Fraud
Maximum penalty: 20 years in prison, fine of the greatest of $250,000 or twice the gross gain or loss from the offense, and restitution.

Count Four: Wire Fraud
Maximum penalty: 20 years in prison, fine of the greatest of $250,000 or twice the gross gain or loss from the offense, and restitution.

Count Five: International Money Laundering To Promote Specified Unlawful Activity
Maximum penalty: 20 years in prison, fine of the greatest of $500,000 or twice the value of the monetary instruments or funds involved, or twice the gross gain or loss from the offense, and restitution.

Count Six: International Money Laundering To Conceal And Disguise The Proceeds Of Specified Unlawful Activity
Maximum penalty: 20 years in prison, fine of the greatest of $500,000 or twice the value of the monetary instruments or funds involved or twice the gross gain or loss from the offense, and restitution.

Count Seven: Money Laundering
Maximum penalty: 10 years in prison, fine of the greatest of $250,000 or twice the gross grain or loss from the offense, and restitution.

Count Eight: False Statements
Maximum penalty: 5 years in prison, fine of the greatest of $250,000 or twice the gross gain or loss from the offense, and restitution.

Count Nine: Perjury
Maximum penalty: 5 years in prison, fine of the greatest of $250,000 or twice the gross gain or loss from the offense, and restitution.

Count 10: Making A False Filing With The Securities and Exchange Commission
Maximum Penalty: 20 years in prison, fine of the greatest of $5 million or twice the gross gain or loss from the offense, and restitution.

Count 11: Theft From An Employee Benefit Plan Maximum Penalty: 5 years in prison, fine of the greatest of $250,000 or twice the gross gain or loss from the offense, and restitution.


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