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Frank DiPascali

Bernard L. Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. (credit: TIMOTHY A. CLARY/AFP/Getty Images)

Guilty Verdicts For 5 Former Bernard Madoff Employees

The verdicts came Monday in a Manhattan trial that lasted nearly six months. The federal court trial was the first to result from the multi-decade fraud that landed Madoff in prison for 150 years.

03/24/2014

Bernard L. Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. (credit: TIMOTHY A. CLARY/AFP/Getty Images)

Closing Arguments Wrap Up In Fraud Trial Of Ex-Madoff Employees; Deliberations To Begin Monday

The jury has the monumental task of sorting through five months of testimony to determine whether the ex-Madoff employees knew that their jobs involved perpetuating a massive Ponzi scheme.

03/14/2014

Bernard L. Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. (credit: TIMOTHY A. CLARY/AFP/Getty Images)

Fate Of 5 Ex-Madoff Employees To Soon Be In Jury’s Hands

The prosecution wraps up closing statements in the trial against five former aides to Ponzi schemer Bernard Madoff. Madoff’s former secretary, his former head of operations, an account manager and two computer programmers are on trial.

03/13/2014

Bernie Madoff (file/credit: Stephen Chernin/Getty Images)

Witness: Madoff Discouraged Employees From Furthering Education

Bernard Madoff placed no premium on further education for the employees he hired right out of high school — the less they knew, the better — the Ponzi schemer’s longtime lieutenant testified Monday.

12/16/2013

Bernie Madoff

Bernard Madoff’s Right-Hand Man: I Lied On A Daily Basis

The cross-examination of the government’s star witness in the trial of five of Bernard Madoff’s former empoyees has given the jury new insight into the way disgrace financier ran his massive Ponzi scheme.

12/12/2013

Bernard Madoff

Former Madoff Deputy Testifies On 5th Anniversary Of Ponzi Schemer’s Arrest

New York financier Bernard Madoff’s former right-hand man summed up his boss’ arrest exactly five years ago with two words: “Madoff Implodes.”

12/11/2013

Financier Bernard Madoff arrives at Manhattan Federal court on March 12, 2009 in New York City. (Photo by Stephen Chernin/Getty Images)

Bernard Madoff Deputy Recalls Day Madoff Admitted Scam Had Collapsed

The former right-hand man of disgraced financier Bernard Madoff told a New York City jury Tuesday that a crying Madoff revealed to him that his financial empire was a gigantic fraud just before the rest of the world learned the truth nearly five years ago.

12/10/2013

Bernard Madoff

Longtime Deputy: Auditors Would Send Bernard Madoff Into A Panic

Frank DiPascali testified that his boss would “razzle dazzle” auditors by using computer programs specially designed to make it appear that fake investments were real.

12/09/2013

Bernie Madoff (file/credit: Stephen Chernin/Getty Images)

Former Madoff Deputy Continues Testimony In Fraud Trial

Frank DiPascali described the tangled web of deceit woven by Madoff as he juggled investors’ money and tried to keep investigators away.

12/04/2013

Bernie Madoff (file/credit: Stephen Chernin/Getty Images)

Madoff’s Right-Hand Man Testifies Against 5 Former Co-Workers On Trial

Bernard Madoff’s former right-hand man is about to take center stage at the trial of five former co-workers. Prosecutors plan to call Frank DiPascali to the witness stand this week in federal court in Manhattan.

12/02/2013

Bernard Madoff

Madoff Controller Testifies About Meeting Of Inner Circle

Enrica Cotellessa-Pitz, who worked for Madoff for three decades, is testifying against five former colleagues in exchange for leniency.

11/19/2013