Former Madoff Computer Programmer Sentenced To 2 1/2 Years In PrisonGeorge Perez was sentenced Wednesday by federal Judge Laura Taylor Swain. He was the fourth of five ex-Madoff workers to be sentenced.
Guilty Verdicts For 5 Former Bernard Madoff EmployeesThe 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.
Closing Arguments Wrap Up In Fraud Trial Of Ex-Madoff Employees; Deliberations To Begin MondayThe 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.
Prosecution Delivers Closing Arguments In Trial Of Bernard Madoff's Ex-Employeesprosecutor John Zach told jurors Tuesday that Madoff depended on his former secretary, his former head of operations, an account manager and two computer programmers to keep his fraud alive for four decades.
Ex-Bernard Madoff Employee Testifies He Didn't Know About Ponzi SchemeDaniel Bonventre has pleaded not guilty to fraud charges. Authorities say he cooked the books to throw off regulators.
Bernard Madoff's Right-Hand Man: I Lied On A Daily BasisThe 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.
Madoff's Right-Hand Man Testifies Against 5 Former Co-Workers On TrialBernard 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.
Madoff Controller Testifies About Meeting Of Inner CircleEnrica Cotellessa-Pitz, who worked for Madoff for three decades, is testifying against five former colleagues in exchange for leniency.
Witness: Madoff Wrote Out $175 Million In Checks For Employees, Family After BustThe trial against five of Bernard Madoff's former employees continued Wednesday with testimony from consultants who investigated the firm following Madoff's arrest.
Lawyer: Former Madoff Employee On Trial For Ponzi Scheme Fraud 'Fooled By His Lies'The trial follows the 2008 collapse of Madoff's private investment business, which cost clients nearly $20 billion. A court-appointed trustee has recovered much of the money by forcing those customers who received big payouts from Madoff to return the funds.
Jury Selection Begins In Trial Of 5 Former Madoff EmployeesFive former employees of imprisoned Ponzi scheme operator Bernard Madoff were introduced to 200 prospective jurors Tuesday, as jury selection began in their fraud trial.