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Madoff Scam: 10 More Indictments On The Way

by Jordan Yerman | June 30, 2009 at 10:20 am

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Bernie Madoff was sentenced to 150 years in prison, but the drama is not over: at least ten new indictments for perpetrators of the Madoff scam are on the way. The source did not say whether or not Bernie Madoff's wife, Ruth Madoff, would be among those indicted. Ruth Madoff's reputation has already been dragged down along with that of her husband.

The person tells The Associated Press they will face federal charges over the next few months. The person spoke on condition of anonymity because the investigation is ongoing.

Also see:

Madoff sentenced to 150 years for Ponzi Scheme

Bernie Madoff Sentenced to 150 years in Prison