Fox Business - The Power to Prosper
Search Site

Mark Madoff

Jury Gets Case of Five Ex-Madoff Employees

Bernard Madoff has recanted his claim that he operated his epic Ponzi scheme alone, conceding in the years since his arrest that others knew what he was up to and contributed to the scheme.But he has never fingered any of the members of his small office staff, some of whom worked with him for decades churning out the paperwork and performing the routine bookkeeping duties that helped perpetuate the multi-billion-dollar fraud.On Monday a federal jury in New York began deliberations to decide whether five of those staff members were duped by Madoff, as they claim, or were complicit in their boss's crimes.The case is the first criminal trial to spring directly from Madoff's scheme, which investigators  say operated for more than two decades and bilked investors of an estimated $17 billion.The five defendants are back-office manager Daniel Bonventre; portfolio managers Annette  Bongiorno and Joann Crupi; and computer programmers Jerome O'Hara and George Perez.According to an indictment han...

Read More

  1. Ex-Inmate on Madoff's Life Behind Bars

    Former Bernie Madoff prison inmate John Mancini recounts his time spent with Ponzi schemer.

  2. Former Inmate on Madoff's Life Behind Bars

    Former prison inmate John Mancini on his time spent with Ponzi schemer Bernie Madoff and the recent suicide of Madoff's son Mark.

  3. Mark Madoff's Body Still Unclaimed by Family

    FBN's Adam Shapiro on the latest on the death of Bernie Madoff's son and the hearing for Allen Stanford to see if he can stand trial.

  4. Why Buying American Matters

    We talk to one small-business owner whose mission it is to get others to buy American.

  5. Madoff Legal Morass Widens Two Years After Arrest

    Bernard Madoff's multi-billion dollar Ponzi scheme was, at its very core, breathtakingly simple -- notwithstanding the huge sums of money involved and its sweeping g...

  6. Were Madoff Sons Aware of Scheme?

    FBN's Adam Shapiro argues Bernard Madoff’s sons were not involved in the Ponzi scheme, but were negligent in what they should have known.

  7. Senate to Hold Test Vote on Tax Bill

    FBN's Connell McShane on the Senate's plans to hold a test vote on the tax compromise.

  8. Wal-Mart Makes Third Attempt at NYC Store

    FBN's Connell McShane on the discount retailer's efforts to open a store in New York City.

  9. Dell to Acquire Compellent Technologies

    FBN's Connell McShane on Dell's Acquisition of Compellent Technologies.

  10. Madoff Son's Death Ruled Suicide

    FBN's Connell McShane on the death of Bernard Madoff's son Mark Madoff .

  11. GE Buys Wellstream for $1.3B

    FBN's Connell McShane on General Electric's acquisition of Wellstream.

  12. Madoff Family Sued for $199M

    FBN's Adam Shapiro on the lawsuit filed by Irving Picard against members of the Madoff family

  1. Madoff Employee Trial Should Be Revealing

    The inside workings of the largest Ponzi scheme in history are expected to be revealed in testimony starting today as five of Bernard Madoff's closest associates go ...

  2. Lautenberg charity, other Madoff investors try to revive claims

    A federal appeals court signaled that victims of Bernard Madoff's fraud more than four years ago might be allowed to eventually sue the swindler's family members ove...

  3. Peter Madoff Pleads Guilty for Role in Fraud

    Peter Madoff, the brother of Ponzi schemer Bernard Madoff, pleaded guilty Friday to crimes related to the massive fraud but continued to deny any direct knowledge of...

  4. U.S. Judge Accepts Guilty Plea from Peter Madoff

    FBN’s Adam Shapiro on Peter Madoff pleading guilty to conspiracy and falsifying records.

  5. Madoff Trustee Can Try to Recover Money From Daughter-in-Law

    Criminal defense attorney Mercedes Colwin on whether Madoff Liquidation Trustee Irving Picard is going too far by trying to recover money from former in-laws.

  6. Fake Bernie Still Keeping it Real

    Jay Berkman pretends to be someone he's not.Since December 2008, he has been blogging as Bernard Madoff . He tweets under the Twitter handle Bernie L. Madoff from th...

  7. Bernie Madoff Has a Bone to Pick With Gasparino

    FBN’s Charlie Gasparino on recent criticism thrown his way by the convicted Ponzi schemer.

‹ Prev12Next ›
Freebase CC-BY
Source: Mark Madoff on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL