Madoff Called 'Pathological Liar' As Aides Wrap Up Defense

Law360, New York (March 12, 2014, 6:39 PM EDT) -- Bernie Madoff was a "pathological liar" who concealed his Ponzi scheme from employees while winning their trust with acts of kindness, an attorney for Madoff's former operations chief said Wednesday as the defense concluded its arguments in a five-month trial.

Daniel Bonventre, one of five former Bernard L. Madoff Investment Securities LLC employees on trial for allegedly aiding the Ponzi scheme, was one of many people misled by the onetime Wall Street icon, attorney Andrew Frisch told jurors in New York federal court. Madoff drew people...
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