FBI Arrests Two Madoff Aides

Joann Crupi, Annette Bongiorno were part of his back-office staff
By Newser Editors and Wire Services
Posted Nov 18, 2010 8:45 AM CST
Bernard Madoff arrives at Manhattan federal court Thursday, March 12, 2009, in New York.   (AP Photo/ Louis Lanzano)

(Newser) – Two members of Bernie Madoff's back office staff were arrested on undisclosed federal charges by the FBI this morning. Joann Crupi was arrested at her home in Westfield, NJ; Annette Bongiorno was arrested at her home in Boca Raton. The charges have not been unsealed yet. Authorities said previously that Bongiorno was a staff supervisor and was responsible for answering questions from clients of the now-jailed financier about their purported investments. They allege she oversaw the fabrication of documents.

The civil papers, announced in June, sought to recoup $5 million from the two employees.

My Take on This Story
Show results without voting  |