THEY SAID THERE'S NO MONEY :shrug:
oh NO
The FBI's criminal complaint states that when two federal agents arrived at Mr Madoff's apartment, he told them: "There is no innocent explanation". The agents say that he told them "he paid investors with money that wasn't there," that he was "broke" and that he expected to go to jail.
The FBI claims that three senior employees of Mr Madoff's investment firm - once a towering presence on Wall Street - turned up at his apartment on Wednesday to ask questions about the company's solvency. Two of them are believed to be his sons, Andrew and Mark, who have worked for their father for two decades.
Mr Madoff told them that he was "finished", that he had "absolutely nothing", and that "it's all just one big lie". He said the investment arm of his firm was "basically a giant Ponzi scheme," and that it had been insolvent for years.
