Madoff Tells All in Prison -- Lawyer for Victims Says He'll Reveal Scam

Summary


NEW YORK - A lawyer for victims of Bernard Madoff's Ponzi scheme says the financier told him during a 4 1/2 -hour prison interview plenty of details about the fraud, including how it took place and how securities regulators missed catching him.

The San Francisco lawyer, Joseph Cotchett, said he planned to use what he learned Tuesday to add defendants to a lawsuit to be filed in Manhattan this week on behalf of investors harmed by the multibillion-dollar scam.

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Madoff Tells All in Prison -- Lawyer for Victims Says He'll Reveal Scam

"It was an extraordinary visit," Cotchett said. "He was very ca...

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