Monday, March 15, 2010
Judge rules ‘Mini-Madoff’ Nicholas Cosmo may be freed on bail
Ponzi scheme con man Nicholas Cosmo may be freed on bail soon but he’ll have to come up with more cash first, a judge ruled Thursday.
The judge declared Cosmo, dubbed “Little Bernie Madoff,” is not a flight risk, even as he rejected a defense proposal for $750,000 in bond and sent him back to jail.
“Bail [...]
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- Posted in Business & Economy, U.S. News
- Tags: bail, freed, judge, Madoff, mini-madoff, Nicholas Cosmo


