Madoff Workplace Allegedly Rife with Cocaine, Sex

By Kerry Massaro
Oct 22, 2009 at 09:16 AM ET

And the saga continues. CNN's Chloe Melas reports on a recent lawsuit filed by former Madoff investors claiming that "Madoff's workplace was rife with cocaine and sex." The 264-page law suit claims Madoff "financed a cocaine-fueled work environment and a "culture of sexual deviance."" The complaint alleges Bernard Madoff Investment Services was known by insiders as the ""North Pole", in reference to the excessive amount of cocaine use in the work place." The law suit also
claims that "Madoff diverted money to his London, England, office when he believed federal authorities were closing in at home."

Check out the full CNN story http://www.cnn.com/2009/CRIME/10/22/madoff.lawsuit/index.html



Topics: fraud
»  Weblog Main   |   »  View Entries By Topic   |   »  View Entries By Date



COMMENTS






Popular Articles