Former Madoff executive arrested, charged in Ponzi scheme
February 26th, 2010 joshua
A former employee of Bernard Madoff has been arrested in New York City.
According to The Newark (N.J.) Star-Ledger, Daniel Bonventre, the ex-director of operations at Bernard L. Madoff Securities from 1968 until 2008, is charged with conspiracy, securities fraud, falsifying books, making false filings with regulators and filing false tax returns.
Bonventre is the sixth person to be charged in connection with Madoff’s elaborate and record-breaking Ponzi scheme.
Madoff has been senetenced to 150 years in prison for creating and running the scheme.












