Monday, 30 March 2015
Last updated 2 days ago
Aug 23 2013 | 5:44am ET
If some of the five former Bernard Madoff employees set to face trial on fraud charges in October were involved in a love triangle, they’d like to know about it.
In a revised indictment last week, prosecutors alleged that “one of the defendants was involved in a love triangle with Bernard Madoff himself” and that others were involved “in romantic and/or sexual relationships” with one another. This may be news to the five of them, who have now asked for more details on the allegations.
“We still have no information regarding the timing and duration of the relationships or the source of the information, and these facts are critical to the defendants’ decision whether or not to cross-examine the government’s witnesses concerning the allegations,” their lawyers wrote in a filing yesterday.
“While the government identified certain relationships, there is still another relationship not embraced by the government’s motion and about which it presumably wishes to introduce as evidence at trial.”
That trial will determine whether former Madoff operations director Daniel Bonventre, Madoff secretary Annette Bongiorno, Joann Crupi, who handled the firm’s daily cash balances, and computer programmers Jerome O’Hara and George Perez are criminally liable for assisting in Madoff’s $65 billion Ponzi scheme.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…