Prosecutors: Madoff was ready to send out $173M

NEW YORK – Prosecutors say Bernard Madoff had $173 million in signed checks in his office desk that he was ready to send out at the time of his arrest last month.
The detail was provided in a court filing Thursday as prosecutors argued that Madoff should have his bail revoked and be sent to jail. They said the 100 checks were further evidence that he wants to keep his assets away from burned investors.
Investigators previously have said that Madoff had planned on distributing more than ... Read more...