Ruth Madoff Withdrew $15.5 Million Right Before Ponzi Scheme Collapsed


In a move that doesn’t look suspicious at all, the wife of Bernie Madoff withdrew $10 million from a “Madoff-related brokerage firm” the day before her husband’s arrest, and another $5.5 million a couple weeks prior, according to the Massachusetts Secretary of State. So was she in on the whole thing after all? Not necessarily. Maybe she just needed some walking-around money. [WSJ]

Related: Ruth Madoff Cooked Books, Too!