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Ex-Madoff Employees Seek Trial Delay Citing New Charges

Five former employees of Bernard Madoff, scheduled to go on trial in October for allegedly helping the convicted con man carry off the largest Ponzi scheme in U.S. history, are seeking a two-month postponement.

U.S. District Judge Laura Taylor Swain in Manhattan set an Oct. 7 trial date for the fraud case against Daniel Bonventre, Annette Bongiorno, Joann Crupi, Jerome O’Hara and George Perez. The defendants, who have all pleaded not guilty, are charged with crimes including conspiracy, fraud and falsifying records.

Perez’s lawyer, Larry Krantz, said in a letter today that a revised indictment filed by the government on July 29 “contains a wholesale re-writing” of the previous one and includes additional allegations. Krantz said he was making the request on behalf of all five defendants.

“They present an entirely different spin on many of the core facts and introduce a wealth of entirely new allegations,” Krantz said. “We also seek a 60-day adjournment of the trial date, so that we have adequate time for trial preparation.”

Federal prosecutors have obtained guilty pleas from Madoff and his brother Peter Madoff, who helped him run the firm for four decades, and seven former employees. Bernard Madoff is serving a 150-year sentence in federal prison in North Carolina while Peter Madoff was sentenced to 10 years in prison.

The case is U.S. v. O’Hara, 10-cr-00228, U.S. District Court, Southern District of New York (Manhattan).

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