Tags: US | Madoff | Scandal

Former Madoff Operations Exec Arrested

Thursday, 25 Feb 2010 09:59 AM

 

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink

The FBI says it has arrested the former operations director for Bernard Madoff Investment Securities.

FBI spokesman James Margolin says 63-year-old Daniel Bonventre was arrested early Thursday at his Manhattan home.

The U.S. attorney's office says he is charged with conspiracy, securities fraud, and tax crimes. Bonventre was expected to appear in court later in the day.

Madoff is serving a 150-year prison sentence. He admitted cheating investors out of billions of dollars through an investment Ponzi scheme.

The name of Bonventre's attorney was not immediately known.

Madoff is serving a 150-year prison sentence. He admitted cheating investors out of billions of dollars through an investment Ponzi scheme.

The name of Bonventre's attorney was not immediately on record.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved