Madoff to plead guilty to fraud
Bernard Madoff's lawyer told a judge Tuesday that Madoff will plead guilty Thursday to securities fraud, perjury and other crimes, knowing that he could face up to 150 years in prison for one of the largest frauds in history.
Bernard Madoff will plead guilty to 11 counts in his financial fraud case and faces 150 years behind bars if convicted, FOXBusiness.com has learned.