This is the week that Bernard Madoff, the former NASDAQ chairman accused of perpetrating the biggest fraud in U.S. history, will confront his victims for the first time – and perhaps even acknowledge his own culpability.

The wife of accused Wall Street swindler Bernard Madoff pulled millions out of a brokerage account only days before her husband was charged with securities fraud - including $10 million on the eve of his arrest, Massachusetts’ top securities regulator said Wednesday.

Bernard Madoff may be negotiating a plea deal.

Bernard L. Madoff mailed Cartier and Tiffany watches, an emerald ring and a diamond necklace worth a total of at least $1 million to relatives and friends in violation of a court order, and should be immediately jailed because he is a flight risk, prosecutors said in court papers released Wednesday.