Daily Israel Report
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Reported

News Brief

  3/25/2014, Adar Bet 23, 5774

Madoff Employees Convicted of Enabling His Scheme


A jury in the United States on Monday found five employees of Bernard Madoff guilty of fraud, falsifying records and other offenses that enabled the multi-billion dollar Ponzi scheme.

Charges included conspiracy to commit securities fraud, falsifying records of a broker-dealer and conspiracy to defraud the U.S.