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Bernard and Ruth Madoff

  • Bernard Madoff Stories
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Madoff Scandal: Teflon Ruth?

Updated: Monday, 03 Aug 2009, 9:40 PM EDT
Published : Wednesday, 01 Jul 2009, 11:30 PM EDT

Reported by CHARLES LEAF

Investigators apparently cannot stick Ruth Madoff's husband's crimes on her, the New York Post reported. Although the U.S. attorney's office won't confirm it, the wife of America's worst financial crook in history may avoid criminal prosecution.

WATCH THE FOX 5 NEWS REPORT (VIDEO TAB)

If it's true, it won't go over well with Bernard Madoff's victims because many believe she had to be involved.

Ruth Madoff recently cut a deal with the government, and gets to keep $2.5 million.

On the day her husband was sentenced to 150 years in prison, Ruth publicly started distancing herself from him, releasing this statement:

From the moment I learned from my husband that he had committed an enormous fraud, I have had two thoughts - first, that so many people who trusted him would be ruined financially and emotionally, and second, that my life with the man I have known for over 50 years was over.

Raoul Felder, a renowned divorce attorney, says that divorce would put a wall between Ruth and the government. He says there are some advantages for Ruth to divorce her imprisoned husband.

"Wives have been known to put some money away for a rainy day," Felder says. "When you add to the mix that your husband is a crook and he's waiting for the other shoe to fall, it might be prudent to certain women [to make sure] 'I better have something buried in the backyard for when the ax falls.'"

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