Ex-Madoff Employee Wins Conditional OK For Release

Law360, New York (November 24, 2010, 2:30 PM EST) -- A federal judge has conditionally allowed for the release of a longtime employee of Ponzi schemer Bernard L. Madoff who was arrested for allegedly conspiring in the fraud, provided she can meet the terms of a $5 million bond package.

Judge Laura Taylor Swain told lawyers for Annette Bongiorno in the U.S. District Court for the Southern District of New York on Wednesday that she can be released to her home in Boca Raton, Fla., as soon as electronic monitoring is in place there and two...
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