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Madoff fraud scandal: 5 years later

Five years after Ponzi scheme mastermind Bernard Madoff’s arrest, his claim that he alone was responsible for the more than $17.3 billion fraud is being demolished in the conspiracy trial of five former employees charged with helping him. Over six days of testimony, star prosecution witness Frank DiPascali has implicated his former co-workers in fabricating decades of arbitrarily backdated trading records and gains, crafting bogus financial documents to fool auditors and other alleged wrongdoing — all while collecting millions of dollars in salaries and company perks. More in USA Today here.

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