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

BING NEWS:
  • First of four men sentenced in death of taxi driver
    ST. LOUIS – One of the four men involved in a fatal robbery nearly two years ago was sentenced Wednesday. Coron Dees, 20, was sentenced to 17 years in prison. He, along with three others, are being ...
    04/17/2024 - 11:40 am | View Link
  • 2 men sentenced for fatal beating of Doraville man in 2020
    DeKalb County District Attorney Sherry Boston has announced a conviction in a case involving the fatal beating of a man in Snellville.
    04/17/2024 - 3:11 am | View Link
  • Last Charged Collegiate Track Athlete Sentenced for Moving Money Overseas for Fraud Schemes
    A Marietta, Georgia woman was sentenced to three years of probation and ordered to pay a $74,847.52 fine and restitution in the amount of $123,116.50 for ...
    04/10/2024 - 10:38 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News