Madoff placed under house arrest
18-12-2008
A federal judge in the United States has placed the financier, Bernard Madoff, under house arrest and instructed him to hand over his passport. The judge ordered the changes to his bail conditions a week after Mr Madoff - the former chairman of the Nasdaq Stock Exchange - was arrested in connection with a suspected US$50 billion fraud. He'll be fitted with an electronic ankle bracelet and confined to his New York apartment.
