New Plea In Madoff Case – Wall Street Journal Consults Chuck Ross

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A second cooperating witness is slated to plead guilty in the on-going investigation of Bernard L. Madoff Investment Securities LLC.  The Wall Street Journal wanted to know whether multiple informant witnesses might embolden prosecutors to charge more people.  The Journal stated;

“Having another cooperating witness can bolster prosecutors’ efforts to pursue cases against other individuals, legal experts say.

‘Government lawyers always want to have more than one,’ said Charles A. Ross, a criminal defense lawyer in New York who has represented a former U.K. Madoff employee not charged in the case. “If you have one cooperator only, the case is going rise and fall, absent ironclad documentary proof, on that one cooperator.”

It looks like there is the distinct potential for others to be charged in the on-going Madoff investigation now that the government has more than a single cooperating witness.

Madoff Employee To Plead Guilty

A second cooperating witness is slated to plead guilty in the on-going investigation of Bernard L. Madoff Investment Securities LLC.  The Wall Street Journal wanted to know whether multiple informant witnesses might embolden prosecutors to charge more people.  The Journal stated;

"Having another cooperating witness can bolster prosecutors' efforts to pursue cases against other individuals, legal experts say.

'Government lawyers always want to have more than one,' said Charles A. Ross, a criminal defense lawyer in New York who has represented a former U.K. Madoff employee not charged in the case. "If you have one cooperator only, the case is going rise and fall, absent ironclad documentary proof, on that one cooperator."

It looks like there is the distinct potential for others to be charged in the on-going Madoff investigation now that the government has more than a single cooperating witness.