Created Thu 1st Jan 7:52pm PST by 
jsevigny
jsevigny 
Will Bernie Madoff be charged with additional federal crimes by March 20?
Settled as Yes
Madoff was charged with a total of 11 crimes by the prosecutors, 10 more than the original single charge filed in December, which was the only charge that had been made by the time the question was created. Question is suspended for settlement as of Madoff's guilty plea. Wagers made after the plea was known are voided and refunded.
Background:
Background: Could be that Madoff is cooperating with the feds to name co-conspirators. Could be that the feds plan to charge him with conspiracy. Could be that the IRS goes after him. Could be that he gets hit with money laundering charges. Seems unlikely that the feds will go to court with a single-count indictment.
CatEds notation:
Question has been edited to allow for a settlement date of March 20 in order to keep the question from dragging on indefinitely. Question will suspend as originally created on Sunday, March 15.
CatEds notation:
Question has been edited to allow for a settlement date of March 20 in order to keep the question from dragging on indefinitely. Question will suspend as originally created on Sunday, March 15.
Settlement details:As reported by a major mainstream news source.
Forecast history %
| Yes |
| |||
| No |
|
Settled as Yes on Mon 16th Mar 2:50am PST
- Activity: H$68,937 |
- Predictions: 52 |
Comments: 7
Suspend date: Sun 15th Mar 11:59pm PST
Settlement date: Mon 16th Mar 2:50am PST
Prediction cut-off: Predictions on this question after Thu 12th Mar 8:40am PST have been voided because they were made after the question could be settled
Initial likelihoods: Yes: 65%
Action history:
Created Thu 1st Jan 7:52pm PST by jsevigny
jsevigny
Changed Question text Wed 4th Mar 3:50am PST by 
bayoubear![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin")
: ... charged with additional federal crimes by March 20?
bayoubear: ... charged with additional federal crimes by March 20?
Changed Description Wed 4th Mar 3:50am PST by bayoubear: show details
bayoubear: show details ... with a single-count indictment.. <br/> <br/> <b>CatEds notation: <br/> Question has been edited to allow for a settlement date of March 20 in order to keep the question from dragging on indefinitely. Question will suspend as originally created on Monday, March 16. </b>
Changed Description Wed 4th Mar 3:52am PST by bayoubear: show details
bayoubear: show details ... suspend as originally created on MondaySunday, March 1615. </b>
Settlement requested Thu 12th Mar 8:43am PST by 
frogchop
: This market should be suspended. He has not only been charged with 10 additional counts, he has pled guilty to all 11 charges. What more is there to add? The question specifically states additional charges like money laundering, etc, which were a part of the charges he pled guilty to. Unless there's some issue of symantics I'm missing, it should settle as yes.
http://news.yahoo.com/s/ap/20090312/ap_on_bi_ge/madoff_scandal
"Madoff described his crimes after he entered a guilty plea to all 11 counts he was charged with, including fraud, perjury, theft from an employee benefit plan, and two counts of international money laundering."
frogchop: This market should be suspended. He has not only been charged with 10 additional counts, he has pled guilty to all 11 charges. What more is there to add? The question specifically states additional charges like money laundering, etc, which were a part of the charges he pled guilty to. Unless there's some issue of symantics I'm missing, it should settle as yes.
http://news.yahoo.com/s/ap/20090312/ap_on_bi_ge/madoff_scandal
"Madoff described his crimes after he entered a guilty plea to all 11 counts he was charged with, including fraud, perjury, theft from an employee benefit plan, and two counts of international money laundering."
Settlement requested Sat 14th Mar 2:20am PST by curios: has to be yes it was fraud they where talking of.
List of 11 charges against Bernard Madoff
By The Associated Press - 1 day ago
The 11 felony charges to which Bernard Madoff pleaded guilty Thursday in federal court in New York. Sentencing has been set for June 16.
_ Count 1: Securities fraud. Maximum penalty: 20 years in prison; fine of the greatest of $5 million or twice the gross gain or loss from the offense; restitution.
_ Count 2: Investment adviser fraud. Maximum penalty: Five years in prison, fine and restitution.
_ Count 3: Mail fraud. Maximum penalty: 20 years in prison, fine and restitution.
_ Count 4: Wire fraud. Maximum penalty: 20 years in prison, fine and restitution.
_ Count 5: International money laundering, related to transfer of funds between New York-based brokerage operation and London trading desk. Maximum penalty: 20 years in prison, fine and restitution.
_ Count 6: International money laundering. Maximum penalty: 20 years in prison, fine and restitution.
_ Count 7: Money laundering. Maximum penalty: 10 years in prison, fine and restitution.
_ Count 8: False statements. Maximum penalty: Five years in prison, fine and restitution.
_ Count 9: Perjury. Maximum penalty: Five years in prison, fine and restitution.
_ Count 10: Making a false filing with the Securities and Exchange Commission. Maximum Penalty: 20 years in prison, fine and restitution.
_ Count 11: Theft from an employee benefit plan, for failing to invest pension fund assets on behalf of about 35 labor union pension plans. Maximum penalty: Five years in prison, fine and restitution.
11 counts altogether
curios: has to be yes it was fraud they where talking of.
List of 11 charges against Bernard Madoff
By The Associated Press - 1 day ago
The 11 felony charges to which Bernard Madoff pleaded guilty Thursday in federal court in New York. Sentencing has been set for June 16.
_ Count 1: Securities fraud. Maximum penalty: 20 years in prison; fine of the greatest of $5 million or twice the gross gain or loss from the offense; restitution.
_ Count 2: Investment adviser fraud. Maximum penalty: Five years in prison, fine and restitution.
_ Count 3: Mail fraud. Maximum penalty: 20 years in prison, fine and restitution.
_ Count 4: Wire fraud. Maximum penalty: 20 years in prison, fine and restitution.
_ Count 5: International money laundering, related to transfer of funds between New York-based brokerage operation and London trading desk. Maximum penalty: 20 years in prison, fine and restitution.
_ Count 6: International money laundering. Maximum penalty: 20 years in prison, fine and restitution.
_ Count 7: Money laundering. Maximum penalty: 10 years in prison, fine and restitution.
_ Count 8: False statements. Maximum penalty: Five years in prison, fine and restitution.
_ Count 9: Perjury. Maximum penalty: Five years in prison, fine and restitution.
_ Count 10: Making a false filing with the Securities and Exchange Commission. Maximum Penalty: 20 years in prison, fine and restitution.
_ Count 11: Theft from an employee benefit plan, for failing to invest pension fund assets on behalf of about 35 labor union pension plans. Maximum penalty: Five years in prison, fine and restitution.
11 counts altogether
Settled as 'Yes' Mon 16th Mar 2:50am PST by bayoubear: Madoff was charged with a total of 11 crimes by the prosecutors, 10 more than the original single charge filed in December, which was the only charge that had been made by the time the question was created. Question is suspended for settlement as of Madoff's guilty plea. Wagers made after the plea was known are voided and refunded.
bayoubear: Madoff was charged with a total of 11 crimes by the prosecutors, 10 more than the original single charge filed in December, which was the only charge that had been made by the time the question was created. Question is suspended for settlement as of Madoff's guilty plea. Wagers made after the plea was known are voided and refunded. 
Suspend date: Sun 15th Mar 11:59pm PST
Settlement date: Mon 16th Mar 2:50am PST
Prediction cut-off: Predictions on this question after Thu 12th Mar 8:40am PST have been voided because they were made after the question could be settled details 
Get widget!Predictions (52)
htlsales
predicted No (H$300 at 74%)
keyeshoveden![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user"){kind=icon}
Comments (7)
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This news is selected automatically based on the question, its background, options and tags
This news is selected automatically based on the question, its background, options and tags
score: 10
Guardian Unlimited 36 weeks ago
a brutally casual way to inform a man of his fate. After listening to a lengthy monologue by Bernard Madoff's defence lawyer on why the fraudster should remain on bail in his Manhattan penthouse, Judge Denny Chin waved away the prosecution. 'I don't need
score: 10
Guardian Unlimited 36 weeks ago
a brutally casual way to inform a man of his fate. After listening to a lengthy monologue by Bernard Madoff's defence lawyer on why the fraudster should remain on bail in his Manhattan penthouse, Judge Denny Chin waved away the prosecution. 'I don't need
score: 10
Economictimes 36 weeks ago
NEW YORK: Bernard Madoff is charged with 11 criminal counts that could carry a sentence that would put him in prison for the rest of his life. Prosecutors say the alleged crimes spanned
score: 10
Washington Post 36 weeks ago
NEW YORK -- Saying he was 'deeply sorry and ashamed,' Bernard Madoff pleaded guilty Thursday to pulling off perhaps the biggest swindle in Wall Street history and was immediately led off to jail in handcuffs after his seething victims applauded in
score: 10
Reuters 36 weeks ago
NEW YORK (Reuters) - Bernard Madoff is charged with 11 criminal counts that could carry a sentence that would put him in prison for the rest of his life. Prosecutors say the alleged crimes spanned
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Oh...where my brain doesn't take me with this....since I can't envision them being able to hire any skinheads for protection and the blacks seem to have the corner on Islam in prison....who will the Jew Crew bribe for protection...the Italians?
using my newly found word whut
List of 11 charges against Bernard Madoff
By The Associated Press - 1 day ago
The 11 felony charges to which Bernard Madoff pleaded guilty Thursday in federal court in New York. Sentencing has been set for June 16.
_ Count 1: Securities fraud. Maximum penalty: 20 years in prison; fine of the greatest of $5 million or twice the gross gain or loss from the offense; restitution.
_ Count 2: Investment adviser fraud. Maximum penalty: Five years in prison, fine and restitution.
_ Count 3: Mail fraud. Maximum penalty: 20 years in prison, fine and restitution.
_ Count 4: Wire fraud. Maximum penalty: 20 years in prison, fine and restitution.
_ Count 5: International money laundering, related to transfer of funds between New York-based brokerage operation and London trading desk. Maximum penalty: 20 years in prison, fine and restitution.
_ Count 6: International money laundering. Maximum penalty: 20 years in prison, fine and restitution.
_ Count 7: Money laundering. Maximum penalty: 10 years in prison, fine and restitution.
_ Count 8: False statements. Maximum penalty: Five years in prison, fine and restitution.
_ Count 9: Perjury. Maximum penalty: Five years in prison, fine and restitution.
_ Count 10: Making a false filing with the Securities and Exchange Commission. Maximum Penalty: 20 years in prison, fine and restitution.
_ Count 11: Theft from an employee benefit plan, for failing to invest pension fund assets on behalf of about 35 labor union pension plans. Maximum penalty: Five years in prison, fine and restitution.
11 counts altogether
And mentions money laundering as a specific example of an additional charge.
My concern is the delay in suspending the question led to some confusion and some bad bets, but the answer to the question seems clear. Madoff was charged with additional counts beyond the initial fraud indictment.
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