Four months into a criminal trial for five former employees of Bernard L. Madoff Investment Securities, witnesses have made it clear that no one but Madoff himself knew the whole truth about his massive Ponzi scheme, from his top lieutenant on down. With prosecutors expected to wrap up their case on Monday, the defendants’ lawyers will try to convince a federal jury that their clients were completely in the dark, unaware that they were propping up an unprecedented fraud. More on Reuters here.
