Tags: US | Madoff | Scandal

Charge Added to Case Against Former Madoff Aide

Thursday, 25 Mar 2010 10:54 AM

Prosecutors have beefed up their case against a longtime accountant who served as the operations chief for jailed Ponzi king Bernard Madoff.

Federal prosecutors in Manhattan announced that an indictment against Daniel Bonventre was returned Wednesday. The indictment contains a new charge of falsifying records of an investment adviser. He had earlier been arrested on conspiracy, securities fraud and tax charges.

The accountant who worked for Madoff since the late 1960s will enter a plea to the indictment on Thursday. His lawyer, Andrew Frisch, said "the charge is a prosecutorial Hail Mary." He added that his client is "absolutely innocent" and looking forward to the trial.

He has been free since last month on $5 million bail.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
InvestingAnalysis
Prosecutors have beefed up their case against a longtime accountant who served as the operations chief for jailed Ponzi king Bernard Madoff.Federal prosecutors in Manhattan announced that an indictment against Daniel Bonventre was returned Wednesday. The indictment contains...
US,Madoff,Scandal
117
2010-54-25
Thursday, 25 Mar 2010 10:54 AM
Newsmax Inc.
 

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
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved