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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

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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.

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