A man walks his dog near the yacht 'Bull', owned by a company belonging to financier Bernard L. Madoff, which is moored in Port Gallice in Juans Les Pins, southern France January 2, 2009. Authorities have said in court documents that Madoff confessed to running a Ponzi scheme for years that had losses of $50 billion in what would be Wall Street's largest fraud. Reuters Pictures logo Reuters Pictures 37 months ago

A man walks his dog near the yacht 'Bull', owned by a company belonging to financier Bernard L. Madoff, which is moored in Port Gallice in Juans Les Pins, southern France January 2, 2009. Authorities have said in court documents that Madoff confessed to running a Ponzi scheme for years that had losses of $50 billion in what would be Wall Street's largest fraud.