Government Wants Madoff in Jail Now 15 hours 13 minutes ago.
By EMMA SCHWARTZ, AARON KATERSKY, and RICHARD ESPOSITO Federal prosecutors in Manhattan today asked a court to place alleged $50 billion Ponzi scheme operator Bernard Madoff in jail while they continue developing their case against him.US seeks to revoke Madoff bail ReutersProsecutors Seek Detention of Madoff Wall Street Journal (news.google.com)