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White-collar fraud meets technocorrections for Bernie Madoff

By Douglas A. Berman

There are already too many notable stories surrounding the Bernie Madoff fraud for me to cover them well, and the MSM is covering a lot of the bases already.  But, thanks to WSJ Law Blog post, I see that we have now got a technocorrections angle worth covering: [T]he terms for Madoff?s bail have tightened up. He may not have been much of a flight risk before, but he sure isn?t going to be one now: A bail hearing scheduled Wednesday for Madoff was canceled after he agreed to terms requested by the government, including home detention in his Manhattan apartment and a curfew of 7 p.m.  He will also be required to wear a monitored ankle bracelet. Here?s the government?s press release. Madoff?s wife, Ruth, will surrender her passport and pledged properties she owns in Manhattan, Montauk, and Palm Beach to help secure the $10 million bond...continue to full post

Full post as published by Sentencing Law and Policy on December 17, 2008 (boomark / email).