Madoff Involved In Staff Love Triangle, Prosecutors Say

Law360, New York (August 9, 2013, 6:41 PM EDT) -- Prosecutors in a fraud case against five former Bernard Madoff employees on Thursday revealed that his securities firm was an alleged hotbed of sexual activity, including a love triangle between one of the defendants and the fraudster himself.

An investigation revealed that Madoff, customers of his Bernard L. Madoff Investment Securities LLC, and four of the five staffers now facing charges were at times in “romantic and/or sexual” relationships with one another, assistant U.S. attorneys handling the case said in a memorandum to U.S. District Judge...
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