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Ex-Madoff trader testifies against co-workers, avoids prison

A longtime trader for Bernard Madoff's firm was sentenced Wednesday to 10 months of home confinement after his testimony helped convict five former co-workers for their roles in history's largest Ponzi scheme. David Kugel, 69, apologized before U.S. District Judge Laura Taylor Swain in Manhattan announced his penalty. "The guilt, embarrassment and humiliation have become part of ...

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