TV News LIES

Friday, Dec 26th

Last update12:17:40 AM GMT

You are here News Domestic (USA) Judge revokes $5M bond for ex-Madoff worker Annette Bongiorno

Judge revokes $5M bond for ex-Madoff worker Annette Bongiorno

E-mail Print PDF

Annette Bongiorno, Bernie Madoff's asst.One of Bernard Madoff's trusted former workers got an early lump of coal for Christmas this morning from a judge who revoked her bail and ordered her to surrender to US Marshals. Annette Bongiorno -- who allegedly pocketed $14.5 million through her boss's Ponzi scheme -- surrendered to marshals in West Palm Beach, Fla., this afternoon.

Earlier in the day, Manhattan federal Judge Laura Taylor Swain said Bongiorno has an "abundance of unrestricted assets" that could help her flee conspiracy charges that could send her to prison for life, Manhattan federal Judge Laura Taylor Swain said.

The ruling came after defense lawyers yesterday submitted sealed financial statements for both Bongiorno and her husband, Rudy, a former city worker who retired on disability. Bongiorno's lawyers previously acknowledged that she was sitting on $2.4 million in cash and stocks from her four decades working for Madoff.

Swain also rejected a defense proposal that Bongiorno, 62, be allowed to drive herself north from Florida -- where she's been under house arrest since getting busted last month -- due to a fear of flying.

Prosecutors sought to have Bongiorno locked up after she was unable to find friends and relatives with sufficient assets to secure her $5 million bond.

More...


Most Recent Related Stories...


Xmas Eve blues: Kennedy Center jazz show canceled over Trump renaming

Kennedy CenterAn annual Christmas Eve jazz concert at the John F. Kennedy Center for the Performing Arts...

Parkland School Shooting Survivor Dies Nearly 8 Years After Massacre

Parkland student suicideA Parkland school shooting survivor died Monday after a yearslong mental health battle following the mass...

At least two people dead in Philadelphia nursing home explosion

2 dead in nursing home explosionAn explosion at a nursing home just outside Philadelphia collapsed part of the building and has...

Dollar General agrees to pay $15m to settle price-gouging claims

Dollar GeneralDollar General, the retail giant that promises “convenience, quality brands and low prices”, has agreed to...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!