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Madoff accomplice Daniel Bonventre jailed for 10 years
Source: BBC
8 December 2014 Last updated at 19:35 GMT
Madoff accomplice Daniel Bonventre jailed for 10 years
A former associate of Bernie Madoff has been sentenced to 10 years in jail for aiding the disgraced Wall Street financier in his $65bn (£42bn) fraud scheme.
Daniel Bonventre, 67, was also ordered to forfeit $155bn (£99bn).
Bonventre is one of five former Madoff employees found guilty of conspiracy in March. The others are expected to receive their sentences this week.
Madoff's Ponzi scheme fraud is estimated to have cost investors $20bn.
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Madoff accomplice Daniel Bonventre jailed for 10 years
A former associate of Bernie Madoff has been sentenced to 10 years in jail for aiding the disgraced Wall Street financier in his $65bn (£42bn) fraud scheme.
Daniel Bonventre, 67, was also ordered to forfeit $155bn (£99bn).
Bonventre is one of five former Madoff employees found guilty of conspiracy in March. The others are expected to receive their sentences this week.
Madoff's Ponzi scheme fraud is estimated to have cost investors $20bn.
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Read more: http://www.bbc.com/news/business-30387647
