US officials say 2 ex-Madoff computer programmers arrested on charges of falsifying records

By AP
Friday, November 13, 2009

Ex-Madoff computer programmers arrested

NEW YORK — The FBI has arrested two former computer programmers for Bernard Madoff’s investment firm on charges they falsified records.

The U.S. attorney’s office in Manhattan says Jerome O’Hara and George Perez were arrested Friday at their homes. It says the pair formerly worked for Bernard L. Madoff Investment Securities.

A criminal complaint charges them with conspiracy, falsifying books and records of a broker-dealer, and falsifying books and records of an investment adviser.

Information on their attorneys was not immediately on record.

The 71-year-old Madoff was sentenced in June to 150 years in prison for orchestrating a massive Ponzi scheme that spanned decades.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s earlier story is below.

NEW YORK (AP) — The FBI has arrested two former computer programmers for Bernard Madoff’s investment firm on charges they falsified records.

The U.S. attorney’s office in Manhattan says Jerome O’Hara and George Perez were arrested Friday at their homes. It says the pair formerly worked for Bernard L. Madoff Investment Securities.

A criminal complaint charges them with conspiracy, falsifying books and records of a broker-dealer, and falsifying books and records of an investment adviser.

Information on their attorneys was not immediately on record.

The 71-year-old Madoff was sentenced in June to 150 years in prison for orchestrating a massive Ponzi scheme that spanned decades.

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