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The Madoff Scandal Widens To Include IT

The SEC announced on Friday that it is charging two computer programmers for their alleged participation in the Ponzi scheme. Bernard Madoff pleaded guilty and headed off to jail last March. The SEC alleges that Madoff and his lieutenant Frank DiPascali, Jr., routinely asked (Jerome) O’Hara and (George) Perez for their help in creating records that combined actual positions and activity from market-making and proprietary trading businesses with the fictional balances maintained in investor accounts.”]

Source: https://www.csoonline.com/article/2136038/the-madoff-scandal-widens-to-include-it.html

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