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An apologetic Madoff goes to jail

Admits to massive Ponzi scheme, awaits many-year sentence

Bernard L. Madoff, shown arriving at federal court in Manhattan yesterday, will return for sentencing on June 16. Bernard L. Madoff, shown arriving at federal court in Manhattan yesterday, will return for sentencing on June 16. (Louis Lanzano/Associated Press)
By Beth Healy and Hinda Mandell
Globe Staff And Globe Correspondent / March 13, 2009

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NEW YORK - Pleading guilty to orchestrating the largest fraud in Wall Street history, Bernard L. Madoff said yesterday he was "deeply sorry and ashamed" for his crimes, before being led out of a packed Manhattan courtroom in handcuffs. (Full article: 1022 words)

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