Madoff admitted to his crimes (once his family turned him in I believe) which made that go much faster. It will likely take years for DOJ to build a case. From what I've read they tend to be very meticulous once they believe they have a case that is winnable.
I think he and/or others will likely be in federal prison at some point but it will take a lot longer than the hot-take-minute culture of the internet would like. He also has no source of income (right?) to keep greasing the legislative wheels (aka political donations) to get laws/rules written in his companies favor as far as regulations go.
I think he and/or others will likely be in federal prison at some point but it will take a lot longer than the hot-take-minute culture of the internet would like. He also has no source of income (right?) to keep greasing the legislative wheels (aka political donations) to get laws/rules written in his companies favor as far as regulations go.