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CBS News Investigative Producer Pia Malbran wrote this story for CBSNews.More bad news for money scammer Bernard Madoff. The mysterious side company he co-founded, with offices in New York City and Boston, Cohmad Securities, must turn over all accounting records to the state of the Massachusetts and pay an $100,000 fine.The decision, by a Massachusetts hearing officer, was
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stanley water bottle William F. Galvin, the state s Securities Division filed a case against Cohmad Securities for failing to cooperate with the state s investigation. Cohmad Securities has also been banned from conducting any further business in Massachusetts. Its registration has been revoked. In a media statement, Secretary Galvin said t
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