Prosecuters Seek Assets of Long-Time Madoff Aids

Representing Investors Nationwide

Federal prosecutors are seeking more the $5 million dollars in assets, including homes and cars that belong to two long-time Madoff “back-office” employees. They filed civil complaint on June 22, 2010 seeking the forfeiture alleging the two employees, Annette Bongiorno and JoAnn Crupi knew about Bernard Madoff’s fraudulent ponzi scheme and helped perpetuate it. Neither has been charged with any crimes to date.

The Madoff fraud was just one of many fraudulant schemes that took place in the past few years, many of which were uncovered after the credit crisis in late 2007 and early 2008. Several prominent money managers and brokerage firms have been implicated in the frauds which have cost investors billions.

If you believe you have lost money due to the negligence or fraud of your investment advisor, please contact our office. Thank you.