‘There is no innocent explanation’: Newly released FBI files reveal Ponzi schemer Bernie Madoff’s dramatic confession as agents arrested him

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Bernie Madoff managed to keep the biggest Ponzi scheme in history going for decades, but, when the FBI finally came knocking at his door on Dec. 11, 2008, he told them he had been expecting them, newly released FBI files show. Madoff told the agents that he had been preparing to turn himself in before they got there, as he had decided he “just couldn’t go on,” the files released by the FBI ...

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