Tuesday 14 December 2010

Madoff employee struggling to make bail - WSJ.com: "longtime employee of Bernard Madoff who's accused of profiting from his historic fraud says she is struggling to make bail.
Lawyers for Annette Bongiorno told a Manhattan judge on Monday that the unrelenting notoriety of the case has scared off people needed to sign a $5 million bond. The suicide of Madoff's son on Saturday made the latest headlines.
The judge gave Bongiorno until Thursday to meet the bail conditions or be locked up while awaiting trial. She's currently under house arrest in Florida.
The 62-year-old has denied allegations she helped rip off Madoff's wealthy clients and more than $14 million for herself.
Another employee arrested with Bongiorno, Joann Crupi, is due in court on Wednesday for an arraignment on similar charges."

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