Madoff to Plead Guilty to 11 Counts

by Benjamin Domenech on 3:28 pm March 10, 2009

NEW YORK – Bernard Madoff will plead guilty Thursday to 11 criminal counts including money laundering, perjury and securities, mail and wire fraud and will do so without a plea deal, knowing it carries a potential prison term of 150 years, lawyers said Tuesday in court.

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