Sign in to comment!

Menu
Home

Crime & Courts

Former longtime secretary of Bernard Madoff may testify at New York trial

Bernard Madoff's longtime secretary may testify on her own behalf at the New York City trial of five former employees of the Ponzi king.

The defense presentation of the secretary, Annette Bongiorno (bahn-JAWR'-noh), is expected to begin Monday.

Her lawyer informed the judge over the weekend that she has planned to testify but could still change her mind.

This phase of the trial follows several days of testimony by another defendant, Madoff's former head of operations.

The defendants are accused of assisting Madoff in a fraud that cheated thousands of investors out of nearly $20 billion.

The defendants say they were duped along with investors as Madoff operated the historic fraud for decades.

Madoff is serving a 150-year prison sentence.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 4.24% up 4.20%  
15 Y Fixed Graph 3.30% up 3.18%  
30 Y Fixed Jumbo Graph 4.66% up 4.53%  
5/1 ARM Graph 3.42% up 3.36%  
5/1 Jumbo ARM Graph 3.88% up 3.63%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.29% up 4.28%  
$50K HELOC Graph 4.04% up 4.03%  
$30K Loan Graph 5.09% up 5.08%  
$50K Loan Graph 4.52% -- 4.52%  
$75K Loan Graph 4.52% -- 4.52%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.93% -- 2.93%  
36 M Used Graph 3.47% -- 3.47%  
48 M New Graph 3.22% -- 3.22%  
48 M Used Graph 2.98% -- 2.98%  
60 M New Graph 3.24% -- 3.24%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.35% up 0.34%  
1 yr Graph 0.68% up 0.68%  
5 yr Graph 1.39% -- 1.39%