As conman Bernie Madoff serves his 150 years prison sentence, the FBI continues to chip away at the scandal that devastated many investors.
Blooomberg business news reports that the FBI on Thursday morning arrested Daniel Bonventre, the ex-director of operations for Bernard Madoff Investment Securities LLC, as part of the ongoing probe into the scam.
The 63-year-old is expected to make a court appearance later on Thursday, Bloomberg reported.
The U.S. Attorney’s Office in New York issued a press release Thursday morning saying he was being charged with conspiracy, securities fraud, falsifying books and records of a broker dealer, false filings with the SEC and filing false federal tax returns.