After several drinks at a Greek restaurant on Manhattan’s Third Avenue in the summer of 2006, two computer programmers at Bernard Madoff’s investment firm asked their supervisor whether the boss’s business was a scam.
Bernard Madoff’s ex-finance chief lied every day for 30 years and didn’t tell the truth even when pleading guilty to aiding the con man’s fraud, a defense lawyer said in the trial of five of the witness’s former colleagues.
Members of Bernard Madoff’s inner circle who are on trial for allegedly aiding his $17 billion fraud are focusing the jury on former colleagues who helped perpetuate the scheme for years and weren’t charged.
Bernard Madoff’s former computer programmers asked for payment in diamonds to continue aiding the con man’s $17 billion Ponzi scheme in 2006 after they became uncomfortable with their role, a jury was told.
Bernard L. Madoff used a process his inner circle called “schtupping” to boost the fake trading profit of the con man’s richest clients between Christmas and New Year’s, his former finance chief told a jury.
Bernard Madoff’s former finance chief, Frank DiPascali, who pleaded guilty to aiding the con man’s $17 billion Ponzi scheme, fed prosecutors “a line of garbage” to build their criminal case against five of his ex- colleagues, a defense lawyer told a jury.
Bernard Madoff’s former finance chief contradicted himself in testimony about when he learned of his boss’s use of fake trades, casting possible doubt on the government’s key witness in the trial of five ex-Madoff workers.
Bernard Madoff’s computer programmers were tricked into aiding his $17.5 billion Ponzi scheme and prosecutors failed to prove otherwise during a five- month trial, a defense lawyer said in closing arguments.