Bernard Madoff could soon find himself in a courtroom with some of the devastated investors who he is accused of ripping off in one of the biggest financial frauds in history.
A person close to the case says that Madoff is expected to plead guilty at a hearing next week to charges that he carried out the massive swindle.
A federal judge issued an order Friday inviting potential victims who wish to be heard at Thursday's hearing to notify the court a day earlier.
Madoff is waiving his right to have a grand jury hear the government's case against him.
He's agreed instead to be charged directly by prosecutors, a step defendants take when they are preparing to plead guilty in a case.