Cnbc: Madoff Plea Deal In The Works

CNBC is reporting that a plea deal between Bernard Madoff and the the US Attorney General's office in New York is in the works. According to the news station, the AG is saying it will file a new complaint based on a "waiver of indictment" from Madoff. The alleged perpetrator of a multi-billion dollar ponzi scheme, Madoff has the right to be indicted by a grand jury unless a plea deal is struck. The latest move may suggest a plea deal, CNBC reported. In addition, there was supposed to be a hearing last week with Madoff and his attorney, Ira Sorkin, over possible conflicts of interest for the lawyer.

Topics:  attorney general   new york   ag   ira sorkin   bernard   madoff   cnbc   works   plea deal   reported   hearing   station   
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