Bernard "Bernie" Madoff

Kat

Administrator
Staff member
More trouble for Bernie. ;)

Prosecutors Hunting Millions In Additional Assets In Madoff Case
| 08/ 3/10 | AP

NEW YORK — Federal prosecutors in New York are seeking over $5 million in assets belonging to a former office supervisor for jailed financier Bernard Madoff.

The government said Tuesday that it has traced houses in Manhasset, N.Y., and Boca Raton, Fla., and other assets to the long-time Madoff employee, Annette Bongiorno. Prosecutors previously had traced $3 million in assets to her.

Bongiorno has not been criminally charged in the multi-billion-dollar fraud that resulted in a 150-year prison sentence for the 73-year-old Madoff.

Her lawyer did not immediately respond to a request for comment.

Authorities say Madoff cheated thousands of investors of billions of dollars. He said their $20 billion investment had more than tripled when it actually was nearly worthless.

http://www.huffingtonpost.com/2010/08/03/madoff-case-assets-hunting-bongiorno_n_669786.html
 

Sphinx

Administrator
Staff member
Madoff Interview: Banks 'Had To Know' Of Ponzi Scheme
http://www.huffingtonpost.com/2011/02/16/madoff-interview-banks-ha_n_823923.html

More than two years have passed since Bernard Madoff was arrested for a massive Ponzi scheme which spanned 16 years and consumed roughly $20 billion in lost cash and nearly $65 billion in paper wealth, and the search for who was complicit is still heating up.

Now, in the first interview for publication since his arrest in December 2008, Madoff asserts that some of the financial institutions he dealt with most frequently "had to know." From the New York Times interview, conducted as part of research for a forthcoming book on the Madoff scandal, "The Wizard of Lies: Bernie Madoff and the Death of Trust":

From the NYT at http://www.nytimes.com/2011/02/16/b...ess&adxnnlx=1297861489-OV8i0IC4GnbDWxG6lEEsnQ
 
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