Saturday, 23 May 2015
Last updated 22 hours ago
Aug 9 2010 | 11:20am ET
Federal prosecutors are going after $5.1 million in assets owned by a long-time employee of Ponzi schemer extraordinaire Bernard Madoff.
The U.S. Attorney’s office in Manhattan filed an amended forfeiture claim against Annette Bongiorno, who began working for Madoff in 1968 and eventually rose to head his firm’s back-office staff. Among the assets the government may seek are Bongiorno’s homes in suburban New York and Boca Raton, Fla., and three cars owned by Bongiorno and her husband, two Mercedes Benzes and a Bentley.
Prosecutors filed the first forfeiture claim against Bongiorno, seeking $2.4 million, in June. They are also seeking a similar amount from another former Madoff employee, Joann Crupi.
Madoff is serving 150 years in prison for defrauding investors of $65 billion.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…