Sec | featured news

Accused Wall Street swindler Bernard Madoff has agreed to a permanent freeze on his assets without admitting or denying fraud charges in a civil case against him, a U.S. regulator said on Monday.

Harry Markopolos, a former financial executive who tried to blow the whistle on Bernard Madoff, told Congress that securities regulators had ignored his repeated pleas for a thorough investigation of the accused swindler's alleged $50 billion fraud.