Source Pravda.Ru

Madoff's Net Runners Own Up to Great Fraud

  Two former computer programmers for Bernard Madoff's investment firm were arrested Friday on charges they helped  in fraud for more than 15 years.

  The U.S. attorney's office said Jerome O'Hara, of Malverne, N.Y., and George Perez, of East Brunswick, N.J., were arrested at their homes. It said the pair formerly worked for Bernard L. Madoff Investment Securities.

   According to an SEC complaint filed in U.S. District Court in Manhattan, O'Hara and Perez wrote programs that generated thousands of pages of fake trade blotters, stock records "and other phantom books and records to substantiate nonexistent trading."

  O'Hara and Perez "had a crisis of conscience in 2006 and tried to cover their tracks by attempting to delete approximately 218 of the 225 special programs" from a computer, the SEC said.

  "According to O'Hara's handwritten notes ... one of them told Madoff, `I won't lie any longer. Next time, I say 'ask Frank,'" the SEC said.   Frank DiPascali, Madoff's former finance chief, is cooperating after pleading guilty in August to helping Madoff carry out his fraud.

  Madoff, 71, was sentenced in June to 150 years in prison for orchestrating a decades-long Ponzi scheme in which investors are paid with other investors' money rather than actual profits on their investment. The scheme destroyed thousands of people's life savings and wrecked charities.

  The Associated Press has contributed to the report.

In Colombo, at least 40 were killed as a result of a series of explosions that took place in several cities of Sri Lanka on Easter Sunday, April 21, 2019

Easter Sunday bombings in Sri Lanka: Explosions in hotels and churches kill at least 160

The British Foreign and Commonwealth Secretary: Squeaky clean, making the right sounds at the right time, the epitome of today's political class

Meet Jeremy Hunt: The (Lightweight) Laboratory Politician

In Colombo, at least 40 were killed as a result of a series of explosions that took place in several cities of Sri Lanka on Easter Sunday, April 21, 2019

Easter Sunday bombings in Sri Lanka: Explosions in hotels and churches kill at least 160
Comments
Declaration of Florence: For an International Front NATO Exit
Oscars so racist
Easter Sunday bombings in Sri Lanka: Explosions in hotels and churches kill at least 160
Terror in the heart of the Netherlands escalates into outburst of nationalism
Terror in the heart of the Netherlands escalates into outburst of nationalism
Notre Dame, Brexit and Assange: What matters
Notre Dame, Brexit and Assange: What matters
Russia does not support Libyan National Army General Haftar
Russia bans exports of oil, coal and petroleum products to Ukraine
Russia bans exports of oil, coal and petroleum products to Ukraine
Russia bans exports of oil, coal and petroleum products to Ukraine
Russia bans exports of oil, coal and petroleum products to Ukraine
Meet Jeremy Hunt: The (Lightweight) Laboratory Politician
Notre Dame, Brexit and Assange: What matters
Russia bans exports of oil, coal and petroleum products to Ukraine
Russia bans exports of oil, coal and petroleum products to Ukraine
Russia bans exports of oil, coal and petroleum products to Ukraine
Meet Jeremy Hunt: The (Lightweight) Laboratory Politician
Putin sends telegram to Macron after Notre Dame fire: Russia ready to help
Russia and NATO terminate cooperation in military and civil areas completely
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech