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Article: Computer programmers accused of aiding Madoff scam
- Article from:
- AP Online
- Article date:
- November 13, 2009
- Author:
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Two former employees for Bernard Madoff programmed an old IBM computer to generate false records that concealed the money manager's massive Ponzi scheme and were given hush money when they threatened to stop lying, federal prosecutors said Friday.
Madoff gave orders to pay the pair "whatever they wanted to keep them happy," a criminal complaint said.
The computer programmers, Jerome O'Hara, of Malverne, N.Y., and George Perez, of East Brunswick, N.J., were arrested Friday at their homes. They were to appear in a Manhattan court to face conspiracy, falsifying records and other charges.
"Without the help of O'Hara and Perez, the Madoff fraud would not have ...