Bernard L Madoff walks down Lexington Ave to his apartment December 17, 2008 in New York City. US Wall Street baron Bernard Madoff was set tough new bail terms Wednesday including a curfew and wearing an electronic tag, as the US finance watchdog stepped up a probe into his alleged 50-billion dollar fraud. Madoff avoided what would have been his first court appearance since his arrest last Thursday by agreeing to stringent new restrictions under his 10-million dollar bail. AFP PHOTO/DON EMMERT (Photo credit should read DON EMMERT/AFP/Getty Images)