Ira Sorkin

5 Stories

Madoff Is Cancer-Free: Prison Official

(Newser) - Contrary to what you might have read in the New York Post, Bernie Madoff does not have cancer, Bloomberg reports. “While the N.Y. Post story is full of inaccuracies, and we can’t specifically address all of them, we can tell you that Bernie Madoff is not terminally... More »

Madoff Lawyer: 12 Years Is Enough

Sorkin says court must resist 'mob vengeance'

(Newser) - Bernard Madoff’s lawyer says his client shouldn’t be jailed for life for his $65 billion Ponzi scheme, Reuters reports, urging the sentencing judge in a letter not to heed calls from victims for “mob vengeance.” A 12-year sentence would be enough, though 15-20 years wouldn’t... More »

Madoff Lawyer, DA Lock Horns on Bail

(Newser) - Bernard Madoff’s lawyer argued today that the financier, who has pleaded guilty to a $65 billion Ponzi scheme, should be free on bail until June sentencing, the New York Times reports. Ira Sorkin cited past precedent in similar cases, but the prosecution said Madoff has incentive to flee—and... More »

Lawyer: Send Madoff Home

(Newser) - Bernard Madoff's lawyers appeared in court today to ask that the confessed Ponzi schemer be returned to his $7 million penthouse to await June sentencing on fraud charges. Federal prosecutors must now file a response and await an appeals court ruling, meaning the 70-year-old felon will spend at least the... More »

Madoff, Lawyer in Court for Hearing on Conflict of Interest

(Newser) - Disgraced money manager Bernard Madoff emerged from seclusion today to confront a potential conflict of interest in his massive fraud case: a $900,000 investment by his lawyer's sons. Prosecutors asked the judge to rule on the conflict to clear the way for another highly anticipated proceeding Thursday, when Madoff... More »

5 Stories