![Madoff Charged in $50 Billion-with-a-”B” Fraud, Sued by SEC [UPDATE]](http://www.jdjournal.com/wp-content/themes/advanced-newspaper/timthumb.php?src=wp-content%2Fuploads%2F2008%2F12%2Fmadoff_250x187.jpg&q=90&w=80&h=66&zc=1 "Madoff Charged in $50 Billion-with-a-”B” Fraud, Sued by SEC [UPDATE]")
Bernard Madoff, founder and president of a New York firm that invested funds for wealthy individuals, hedge funds and other institutions, has been charged with operating what he told employees…
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