Sunday, 19 April 2015
Last updated 8 hours ago
Oct 31 2013 | 9:31am ET
A former trader for Bernard Madoff pointed the finger squarely at two of the arch-fraudster's lieutenants, who are on trial for aiding and abetting the $65 billion Ponzi scheme.
David Kugel, the first person to plead guilty in the Madoff scam, testified that Madoff's secretary, Annette Bongiorno, helped him commit securities fraud, and Joann Crupi, who handled the firm's daily cash balances, helped him commit both securities and mortgage fraud. Bongiorno, Crupi and their three co-defendants have all denied wrongdoing or prior knowledge of Madoff's fraud.
Kugel took the jury through his own crimes for Madoff, which he said began in 1970s, creating fake trades with historical information. He is set to return to the stand today.
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…