Ex-financier Madoff jailed after guilty plea  
 

Bernard Madoff, a now-disgraced US financier, has pleaded guilty to - and apologised for - what has been billed as one of the biggest fraud schemes on Wall Street.

Madoff was remanded into police custody after admitting to his part in the multi-billion dollar swindle.

From New York, John Terrett reports.

 
 

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