Madoff tried to protect up to $300 million, prosecutors say - Jan. 8, 2009

Madoff tried to protect up to $300 million, prosecutors say - Jan. 8, 2009: "NEW YORK (CNNMoney.com) -- Prosecutors have accused financier Bernard Madoff - the alleged mastermind of a $50 billion Ponzi scheme - of intending to transfer up to $300 million worth of assets to protect them from seizure, and they want him locked up immediately."