The measures took by federal (dec 11, 2008 – dec 13, 2008)
Description:
11 December 2008 - Madoff surrenders to authorities, saying "there is no innocent explanation". Madoff is freed on a $10m bond. Federal prosecutors eventually charge him with fraud, international money laundering, lying to federal securities regulators, and other counts.12 December 2008 - A federal judge freezes Madoff's assets.
15 December 2008 - A federal judge appoints a trustee to find funds to restore to Madoff's victims, who number roughly 4,800 in the US and abroad.
17 December 2008 - Madoff's wife surrenders her passport. He is confined to his luxurious $7m Manhattan apartment and ordered to wear an electronic tag after failing to find anyone outside his family willing to guarantee his $10m bail.
Added to timeline:
Date:
dec 11, 2008
dec 13, 2008
~ 2 days