Ex-Staffers Point Blame At Madoff In Fraud Trial

Law360, New York (October 17, 2013, 9:22 PM EDT) -- Bernard Madoff was a criminal genius who kept staff at his now-defunct investment company in the dark about his Ponzi scheme, defense lawyers for five former employees allegedly involved in the fraud told jurors in New York federal court on Thursday.

The computer programmers and managers who worked for Madoff did not realize that their boss, revered in the firm and on Wall Street, was one of history’s greatest frauds, the defendants' lawyers roundly stated in opening arguments.

The employees — former programmers Jerome O'Hara and...
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