Former Madoff associates found guilty of fraud

Mar 25, 2014, 1:42 AM EDT
Bernard L Madoff walks to his apartment in New York in this December 17, 2008 photo.
AFP/File, Don Emmert

Five former aides to investment manager Bernard Madoff were convicted on Monday of charges that they helped their boss conceal his multibillion-dollar Ponzi scheme for years. A federal jury in New York found back-office director Daniel Bonventre, portfolio managers Annette Bongiorno and Joann Crupi, and computer programmers Jerome O'Hara and George Perez guilty on all counts, including securities fraud and conspiracy to defraud clients.
Background:
Former Madoff associates found guilty of fraud [Reuters]
Five Madoff employees found guilty of abetting Ponzi scheme [The Star Online]

YOU MIGHT ALSO LIKE