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...
FBN's Chris Cotter on what Bernie Madoff spent with his American Express card.
First on FOX Business: Ruth Madoff breaks her silence over her husband's multi-billion dollar scam.
FBN's Adam Shapiro on the lawsuit filed by Irving Picard against members of the Madoff family
FBN's Adam Shapiro on details emerging of plea deal in case against Bernie Madoff .
FBN's Adam Shapiro with the latest developments in the Bernie Madoff case.
FBN’s Adam Shapiro on Trustee Irving Picard’s efforts to freeze assets of family members of Bernard Madoff.
New discoveries in Madoff case leave victims asking how the confessed schemist's sons, who ran the family brokerage, could've missed what dad was up to.
FBN's Connell McShane on the death of Bernard Madoff's son Mark Madoff .
FBN's Connell McShane on Dell's Acquisition of Compellent Technologies.
Beau Dietl & Associates founder Bo Dietl argues Mark Madoff must have been a little complicit in Bernard Madoff's Ponzi scheme.
FBN's Connell McShane on the discount retailer's efforts to open a store in New York City.
FBN's Connell McShane on the Senate's plans to hold a test vote on the tax compromise.
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 ...
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...
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...
FBN’s Adam Shapiro on Peter Madoff pleading guilty to conspiracy and falsifying records.
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.
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...
FBN’s Charlie Gasparino on recent criticism thrown his way by the convicted Ponzi schemer.