Madoff To Cop To Charges Without Plea Deal

By Morgan Bettex

Law360, New York (March 10, 2009, 12:00 AM ET) -- Facing up to 150 years in prison and $177 million in criminal forfeitures, and despite the absence of a plea agreement, disgraced financier Bernard L. Madoff is expected to plead guilty later this week to the 11 counts of securities fraud he was charged with Tuesday.

In a 25-page criminal information document filed in the U.S. District Court for the Southern District of New York, prosecutors charged Madoff with 11 felony counts including securities fraud, investment adviser fraud, mail fraud, wire fraud, three counts of money...
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