Madoff Writes from Prison: Major Banks ‘Must Have Known’ His Ponzi Scheme

/ March 29, 2013 /EIN News/–Convicted financier Bernie Madoff has written from prison that major U.S. banks he dealt with “must have known” about the Ponzi scheme he ran for years and bilked investors of billions of dollars of investment. He specifically named JPMorgan Chase & Co., Bank of New York Mellon Corporation, HSBC Holdings PLC, and Citigroup Inc. The U.S. Department of Justice reportedly is investigating JPMorgan Chase’s relationship with Madoff. Read the article here:

-Madoff Claim Against Banks–

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