COPY-Federal appeals court to hear Madoff jail argument - WLOX.com - The News for South Mississippi

COPY-Federal appeals court to hear Madoff jail argument

Associated Press - March 19, 2009 7:43 AM ET

NEW YORK (AP) - Bernard Madoff's lawyers are set to make their case this morning for why Bernard Madoff should released on bail until his June sentencing.

Madoff has been in jail since pleading guilty last week to securities fraud and other charges in 1 of Wall Street biggest swindles. He's facing up to 150 years for defrauding investors of billions of dollars.

His lawyers contend that other white-collar defendants, including those in the Enron, Adelphia and WorldCom scandals, have been allowed to remain free while awaiting sentencing.

Meanwhile, Madoff's longtime accountant and son-in-law has been arrested on fraud charges. Authorities blame David Friehling fraud for failing to make the most basic auditing checks that would have exposed the epic fraud.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • NEWSMore>>

  • Two people escape from burning Saucier home

    Two people escape from burning Saucier home

    Wednesday, July 26 2017 8:06 AM EDT2017-07-26 12:06:14 GMT
    An overnight fire burns down a home in Saucier. Two people escaped but need to be taken to the hospital (Photo Source: Pat Sullivan)An overnight fire burns down a home in Saucier. Two people escaped but need to be taken to the hospital (Photo Source: Pat Sullivan)

    Two people ran from the burning home in the Saucier community overnight. First responders say the duo was inside the burning building long enough to breathe in too much smoke. AMR rushed both people to the hospital so they could be treated for smoke inhalation. By the time fire trucks arrived, flames and smoke could be seen pouring out of the entire home. The trailer was a total loss. Sullivan says the home did not have working smoke alarms.

    More >>

    Two people ran from the burning home in the Saucier community overnight. First responders say the duo was inside the burning building long enough to breathe in too much smoke. AMR rushed both people to the hospital so they could be treated for smoke inhalation. By the time fire trucks arrived, flames and smoke could be seen pouring out of the entire home. The trailer was a total loss. Sullivan says the home did not have working smoke alarms.

    More >>
  • Young women explore engineering careers through BEST summer camp

    Young women explore engineering careers through BEST summer camp

    Tuesday, July 25 2017 7:01 PM EDT2017-07-25 23:01:43 GMT
    The girls used their collective brain power to build mini roller coasters, while learning about kinetic energy. (Photo source: WLOX)The girls used their collective brain power to build mini roller coasters, while learning about kinetic energy. (Photo source: WLOX)

    They are the next generation of engineers and scientists. About 20 girls, ages 11 to 14, are learning about non-traditional career fields for women.

    More >>

    They are the next generation of engineers and scientists. About 20 girls, ages 11 to 14, are learning about non-traditional career fields for women.

    More >>
  • City leaders from around MS are on the coast

    City leaders from around MS are on the coast

    Tuesday, July 25 2017 4:42 PM EDT2017-07-25 20:42:15 GMT
    The state's Municipal League represents 295 cities, towns, and villages. (Photo source: WLOX)The state's Municipal League represents 295 cities, towns, and villages. (Photo source: WLOX)

    City leaders from every corner of the state have converged on the coast for the 86th annual Mississippi Municipal League Convention.

    More >>

    City leaders from every corner of the state have converged on the coast for the 86th annual Mississippi Municipal League Convention.

    More >>
Powered by Frankly