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Madoff and Israel!

 
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Eberndorfer



Anmeldungsdatum: 10.09.2006
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BeitragVerfasst am: So Dez 28, 2008 8:47 pm    Titel: Madoff and Israel! Antworten mit Zitat

Madoff and Israel!

views: 34
Dec. 28, 2008

What I am unable to understand is how come Madoff did not escape to Israel before being arrested.

As Jewish, when landing in Israel he could have received the Israelian citizenship in matter of minutes and, as so many other crooks, be retired, enjoying life in Israel.

So, either he was himself "fed up" and so depressed that he accepted to end his life in prison; or he felt himself so much protected because he had "friends" so powerful making he believe that he will enjoy a bail out as well avoiding any enquiry as it happened for so many years.

One thing seems to me sure: he did not figure out that the actual administration has lost all respect.

http://www.gather.com/viewArticle.jsp?articleId=281474977546937


rocgirldj
Dec 20, 2008

Explosive Information

As more info comes in regarding the Madeoff scheme, news from several sources say that Madeoff and his clients were the largest bank account holders listed on a computer disk leaked by a Swiss bank worker regarding US persons with hidden Swiss bank accounts. As the IRS approached him regarding the repayment of taxes from his hidden swiss account, Madeoff reportedly became admamant that his wealth would not be taxed by the US. He also realized that once the swiss records were exposed that his and his client's wealth were also within reach of seizure or judgement by a US court regarding past frauds of him or his clients. Realizing that he was be certain to arrested on other securities and market making fraud issues in the near future, insiders say that it was at this point he made the decision to just say it was all lost in trading and move it directly to Israel. Insiders also report that he was ready to pay the taxes on the money in Israel but was adama...
http://www.nydailynews.com/news/ny_crime/2008/12/19/2008-12-19_bernard_madoff_50_billion_ponzi_scheme_i.html
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