Bernard Madoff is arrested and charged with securities fraud in a $50 billion Ponzi scheme.
History
10 December 1953
British Prime Minister Winston Churchill receives the Nobel Prize in Literature.
8 December 1966
The Greek ship SS Heraklion sinks in a storm in the Aegean Sea, killing over 200.
7 December 1944
An earthquake along the coast of Wakayama Prefecture in Japan causes a tsunami which kills 1,223 people
3 December 1992
A test engineer for Sema Group uses a personal computer to send the world’s first text message via the Vodafone network to the phone of…