Madoff Update: NY Attorney General Investigates ‘People Who Defrauded Charities’
January 14, 2009
New York Attorney General Andrew Cuomo confirmed that his office is investigating “people who defrauded charities” in connection with Bernard Madoff’s alleged Wall Street pyramid scheme, the Bloomberg news service reports.
Said Mr. Cuomo: “We are looking at frauds in charities and people who defrauded” them. Mr. Madoff’s lawyer declined to comment on the announcement.
