Jury Convicts Former Madoff Employees Of All Charges

Posted on 04-02-2014 by
Tags: Trending News & Topics , trending news , banking & finance

In the first trial to take place since Bernard Madoff's massive Ponzi scheme shocked the world more than five years ago, five former employees at Madoff's investment firm were convicted by a New York federal jury for their participation in Madoff's scheme. After nearly 3 days of deliberations, a federal jury found former staffers Daniel Bonventre, the firm's back-office director of operations, Annette Bongiorno, Madoff's administrative assistant, Joann Crupi, an account manager, and computer programmers Jerome O'Hara and George Perez, guilty of all charges.  Perhaps fittingly, the five-month trial now ranks as the longest white collar trial in decades.  

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