Defense lawyers in the fraud trial of five former Bernard Madoff employees argued Monday that federal prosecutors erroneously accused the onetime co-workers of knowingly joining their boss’ Ponzi scheme to satisfy greed. That legal version of events has been fatally undermined by reliance on star prosecution witness Frank DiPascali, the self-confessed Madoff henchman who testified he repeatedly lied to the defendants to get them to do work needed to operate the scam, the lawyers argued in closing trial statements. More on USA Today here.
