Feds Say Madoff Aides Lied As Marathon Trial Nears End

Law360, New York (March 04, 2014, 5:48 PM ET) -- Five former employees at Bernard Madoff’s securities firm “told an avalanche of lies” as they aided the massive Ponzi scheme, a federal prosecutor said Tuesday during closing arguments in a five-month trial that has shed new light on the historic fraud.

Assistant U.S. Attorney John Zach told jurors in New York federal court that each of the defendants had played a "crucial role" in carrying out the largest Ponzi scheme in history. The marathon case, which began in October and includes 31 charges, stems from the...
To view the full article, register now.

Related

Sections

Case Information

Case Title

USA v. O'Hara et al


Case Number

1:10-cr-00228

Court

New York Southern

Nature of Suit

Date Filed

March 17, 2010

Law Firms

Government Agencies