2min chapter

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69. The Scheme (Bernie Madoff)

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CHAPTER

Selm Israel, the Third Tr Himself in Both Israel and Daniel Marino, Pleaded Guilty to Conspiracy, Mail Fraud and Investment Advisory Fraud

Selm israel and daniel marino pleaded guilty to conspiracy, mail fraud and investment advisory fraud in april two thousand eight. Both men were sentenced to 20 years in prison and ordered to forfeit 300 million dollars. James markez, the bayu group's co founder, also pleaded guilty to similar charges and was sentenced to four and a half years. Salm Israel, the third jumped off a bridge. Last monday morning, israel was driving to massachusetts to start that prison term. He never arrived. Police found his car idling on bear mount bridge, high above the hudson river. Boats scoured the water, but found nothing.

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