Madoff said , according to the government 's criminal complaint . Attorney Bernard Madoff has agreed to plead guilty to 12 counts in Ponzi scheme . He faces 150 years in prison for money laundering , fraud and perjury . Prosecutors wo n't a plea bargain ; defense says it 's a done deal . A hearing is scheduled Thursday ; former associates have been indicted .
Attorney Bernard Madoff has agreed to plead guilty to 12 counts in Ponzi scheme . He faces 150 years in prison for money laundering , fraud and perjury . Prosecutors wo n't a plea bargain ; defense says it 's a done deal . A hearing is scheduled Thursday ; former associates have been indicted .