Feds Indict 2 Computer Programmers for Madoff

Bernie Madoff/facebook photo
Bernie Madoff/facebook photo
By Allan Lengel
ticklethewire.com

Bernie Madoff’s house of cards continues to crumble.

Two computer programmers for Madoff’s investment firm– George Perez and Jerome O’Hara — were indicted Wednesday in New York on charges of conspiracy and falsifying records.

Authorities charged that the men helped dupe the Securities and Exchange Commission and a European accounting firm by developing and maintaining “computer programs that generated numerous false and fraudulent records.” The European firm was reviewing Madoff’s records on behalf of a client.

Each man faces up to 30 years in prison if convicted.

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