Madoff Lieutenants To Be Sentenced This Week

Dec 8 2014 | 10:55am ET

The week of reckoning has arrived for five former Bernard Madoff aides convicted of helping him orchestrate one of the biggest frauds in history.

Each has a date before U.S. District Judge Laura Taylor Swain this week, at which they’ll learn how much time in prison they’ll serve for their roles in the $65 billion Ponzi scheme, which collapsed six years ago Thursday. The first to be sentenced will be Daniel Bonventre, Madoff’s former operations chief, today.

Bonventre, who worked for Madoff since the 1960s, faces more than 20 years in prison; his lawyers have pleaded for leniency, arguing that the trial that convicted them earlier this year was tainted.

Bonventre will be followed by portfolio managers Annette Bongiorno and Joann Crupi, and computer programmers Jerome O’Hara and George Perez. Prosecutors are seeking more than 20 years for Bongiorno, more than 14 for Crupi, and more than eight for O’Hara and Perez.


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