Ex-Madoff Controller Testifies Against Former Co-Workers

Law360, New York (November 19, 2013, 7:50 PM EST) -- Bernard Madoff's former controller said in New York federal court Tuesday that she helped him shuffle money around his company to make phony profits, pointing the finger at other ex-Madoff employees now on trial for allegedly aiding his fraud.

Enrica Cotellessa-Pitz testified that at month's end at Bernard L. Madoff Investment Securities LLC, Madoff's firm, she would often transfer money from his investment advisory business, a Ponzi scheme, into the legitimate money market aspect of the firm to make it seem profitable.

She said Daniel Bonventre...
To view the full article, register now.



Case Information

Case Title

Magistrate judge case numbers: 

Case Number



New York Southern

Nature of Suit

Date Filed

March 17, 2010

Law Firms

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.