Free Republic

For years the London operation for Bernard Madoff's firm was a little-known outpost of his New York trading group. Now, authorities said it played a role in how Mr. Madoff carried out his alleged fraud. The development, disclosed in the government's criminal charges against Mr. Madoff on Tuesday, draws a more-direct connection between the alleged fraud and the trading operation in London, where directors and shareholders included family members and associates of Mr. Madoff.Mr. Madoff, the government alleges, used the London operation to launder client money. He carried out the alleged fraud by transferring client money from the investment-advisory business...

Madoff's massive paper trail has led investigators to a Queens warehouse used to store old records ....boxes and file cabinets stuffed with documents could reveal more clues....City finance records indicate that Bernard L. Madoff Investment Securities leased space in the Queens' Astoria neighborhood........he says he acted alone yet Madoff Securities was a close-knit family business that employed two sons, his brother and benefited his wife..... © 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.