Login or Register
Welcome , Settings |  Logout
Tags: US | Madoff | Scandal

Former Madoff Operations Exec Arrested

Thursday, 25 Feb 2010 09:59 AM

 

Share:
More . . .
A    A   |
   Email Us   |
   Print   |

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 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
Join the Newsmax community.
Register to share your comments with the community. Already a member? Login
Note: Comments from readers do not necessarily reflect the viewpoint of Newsmax Media. While we attempt to review comments, if you see an inappropriate comment you can block it by rolling over the comment, clicking the down arrow and selecting "Flag As Inappropriate."
blog comments powered by Disqus
 
Email:
Country
Zip Code:
 
Hot Topics
Top Stories
Around the Web
You May Also Like

Portman, Thune Call for More Hearings on IRS Targeting Scandal

Tuesday, 21 May 2013 23:23 PM

Two Republican members of the Senate Finance Committee on Tuesday called for more hearings into the Internal Revenue Ser . . .

Some US Utilities Say They're Under Constant Cyber Attack

Tuesday, 21 May 2013 18:42 PM

Several power utilities say they face a barrage of cyber attacks on their critical systems, a report by two Democratic l . . .

U.S. Democrats Call for Controls on Tax-exempt Groups at IRS Hearing

Tuesday, 21 May 2013 18:41 PM

As they joined Republicans on Tuesday in bashing the Internal Revenue Service for targeting conservative groups that sou . . .

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