Madoff Yanked $165M from London Branch Just Before Bust

A month before he came clean on his Ponzi scheme, Bernie Madoff sold $165 million in UK bonds from his London office and the money disappeared, the Independent reports. Madoff ordered a director of the London arm to transfer the money to his New York office so Madoff could use it to buy US Treasury bills—but Madoff investigators found that none were purchased.
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