Tuesday, March 2, 2010

Another Madoff Player Charged in Ponzi Scheme

Bernie Madoff's director of operations was finally taken down last week by the SEC, which is charging him with falsifying records and covering up Madoff's ponzi scheme. Interesting that it took them this long to nail down Daniel Bonventre. According to the SEC, Bonventre earned $1.9 billion himself by backdating trades. For more details, check out this article:

No comments:

Post a Comment