Madoff Computer Programmers Charged In Ponzi Case

Law360, New York (March 17, 2010, 6:37 PM EDT) -- Two former computer programmers at Bernard L. Madoff's fraudulent brokerage firm were indicted Wednesday on charges that they created and maintained software that generated fake records as part of the firm's Ponzi scheme.

A federal grand jury in the U.S. District Court for the Southern District of New York indicted Jerome O'Hara and George Perez on charges of conspiracy, falsifying records of a broker-dealer and falsifying records of an investment adviser, U.S. Attorney Preet Bharara said Wednesday.

The indictment alleges that O'Hara and Perez began work...
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