Prosecutors attempt to revoke Madoff’s bail; NY Magistrate takes motion under advisement. Jail Without Bail?
US govt to NY judge: Jail Madoff without bail
By Larry Neumeister, AP Writer
US prosecutor to NY judge: Revoke bail, jail disgraced financier Bernard Madoff
The defendant’s recent actions amount to obstruction of justice," Assistant U.S. Attorney Marc Litt told a judge at a hearing in federal court in Manhattan.
U.S. District Magistrate Ronald Ellis asked the lawyers to submit written arguments and said he would rule later.
Madoff’s lawyer, Ira Sorkin, described the items as heirlooms that included cufflinks and antique watches. He said they were not significant assets. The items were sent to Madoff’s children and to unidentified friends vacationing in Florida.
"We maintain it happened innocently," Sorkin said. "He’s not a threat to the community and there’s no danger he’s going to flee."
