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Attorney: Madoff to Plead Guilty on All Charges

HeadlineMar 11, 2009

The indicted financier Bernie Madoff appeared in a federal court Tuesday on allegations of operating one of the biggest frauds in Wall Street history. Madoff was arrested last year and accused of running an estimated $50 billion Ponzi scheme. Madoff’s lawyer says he will plead guilty to all criminal charges in court tomorrow. He faces a prison sentence of 150 years.

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