Comment on Ex-Madoff Trader sentenced to 10 months home confinement

Ex-Madoff Trader sentenced to 10 months home confinement

NEW YORK (AP) — A longtime trader for Bernard Madoff's firm has been sentenced to 10 months of home confinement after he was credited for cooperating with prosecutors. David Kugel apologized at his Manhattan sentencing on Wednesday for his involvement in a scheme that cost thousands of investors about $20 billion. Kugel says he was shocked in December 2008 to learn that his boss had been running a Ponzi scheme.Read more on NewsOK.com

 

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