Defense lawyers skewer Madoff in fraud trial - Houston weather, traffic, news | FOX 26 | MyFoxHouston

Defense lawyers skewer Madoff in fraud trial

Posted: Updated:
Bernard Madoff (DOJ photo) Bernard Madoff (DOJ photo)
By LARRY NEUMEISTER
Associated Press

NEW YORK (AP) - Lawyers for five people charged with fraud in New York have many things to say about their former employer, Bernard Madoff - mostly bad.

The lawyers spoke Thursday to jurors hearing the first criminal trial to result from the 5-year-old revelation of Madoff's historic fraud.

They said Madoff was too secretive and manipulative to let employees in on his crimes. The lawyers said their clients knew nothing of a fraud that cost thousands of investors billions of dollars.

They called Madoff a Wall Street icon, a control freak, a great liar, a genius manipulator, and private and secretive.

Defendants include Madoff's longtime secretary, his director of operations, an account manager and two computer programmers. A prosecutor says they were crucial to the fraud.

After a break Friday, testimony will begin Monday.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Manhattan NewsManhattan NewsMore>>

  • SummerStage: you still have time to catch a show

    SummerStage: you still have time to catch a show

    Monday, July 28 2014 10:22 PM EDT2014-07-29 02:22:53 GMT
    You've got a few more weeks to enjoy SummerStage, New York's annual performing arts showcase that's 28 years running. But it's not just music: there is dance, comedy, theater, you name it. There are several shows weekly at 14 different parks throughout the five boroughs. A recent show at Rumsey Playfield in Central Park paid tribute to Pete Seeger. Most of the shows are free and are funded by tickets purchased for the some of the bigger acts.
    You've got a few more weeks to enjoy SummerStage, New York's annual performing arts showcase that's 28 years running. But it's not just music: there is dance, comedy, theater, you name it. There are several shows weekly at 14 different parks throughout the five boroughs. A recent show at Rumsey Playfield in Central Park paid tribute to Pete Seeger. Most of the shows are free and are funded by tickets purchased for the some of the bigger acts.
  • NY teacher tenure system faces new legal challenge

    NY teacher tenure system faces new legal challenge

    Monday, July 28 2014 10:14 PM EDT2014-07-29 02:14:16 GMT
    An educational advocacy group led by former CNN journalist Campbell Brown is challenging New York state's teacher tenure system, filing a lawsuit Monday that alleges that job protections unfairly shield bad teachers. Seven parents of public school children from New York City and Rochester are the plaintiffs in the lawsuit, filed in Supreme Court in Albany.
    An educational advocacy group led by former CNN journalist Campbell Brown is challenging New York state's teacher tenure system, filing a lawsuit Monday that alleges that job protections unfairly shield bad teachers. Seven parents of public school children from New York City and Rochester are the plaintiffs in the lawsuit, filed in Supreme Court in Albany.
  • 2 U.S. marshals, 1 NYPD detective wounded; fugitive killed in Manhattan

    2 U.S. marshals, 1 NYPD detective wounded; fugitive killed in Manhattan

    Monday, July 28 2014 10:10 PM EDT2014-07-29 02:10:52 GMT

    Two deputy U.S. marshals and an NYPD detective were seriously wounded in a shootout with a fugitive sexual assault suspect in the West Village in Manhattan, officials said. The shootout happened in smoke shop called Smoking Culture on West 4th Street near Jones Street.

    Two deputy U.S. marshals and an NYPD detective were seriously wounded in a shootout with a fugitive sexual assault suspect in the West Village in Manhattan, officials said. The shootout happened in smoke shop called Smoking Culture on West 4th Street near Jones Street.


  • LocalMore>>

  • Woman's Body found During Search

    Woman's Body found During Search

    Monday, July 28 2014 8:28 PM EDT2014-07-29 00:28:47 GMT
    The body of a female has been found in North Harris County after a woman was reported missing in Houston over the weekend.The body was found on the 15,000 block of Bammel North Houston.The remains have not been identified but we arr told the body is female and there is an ongoing search effort to find a 43-year-old missing woman in northwest Harris County.Authorities say a man walking a dog found the body wrapped in a blanket off Concrete Drive.Texas EquuSearch volunteers were in the area loo...
    The body of a female has been found in North Harris County after a woman was reported missing in Houston over the weekend.The body was found on the 15,000 block of Bammel North Houston.The remains have not been identified but we arr told the body is female and there is an ongoing search effort to find a 43-year-old missing woman in northwest Harris County.Authorities say a man walking a dog found the body wrapped in a blanket off Concrete Drive.Texas EquuSearch volunteers were in the area loo...
  • Controversial Crude Oil Hits Texas Coastline

    Controversial Crude Oil Hits Texas Coastline

    Monday, July 28 2014 7:16 PM EDT2014-07-28 23:16:04 GMT
    Controversial crude off the Texas coast is causing quite a stir all around the world. The U.S. Coast Guard has given the Kurdish tanker carrying crude thego ahead to start unloading the oil. The ship is 60 miles off the Texas coast and won’t come any closer because it’s too large to fit into the port but here’s why the crude is controversial, it’s coming from the Kurdistan region of Iraq. Iraqi officials are warning everyone in the world anyone who buys this oil is “purchasing stolen goods”.“...
    Controversial crude off the Texas coast is causing quite a stir all around the world. The U.S. Coast Guard has given the Kurdish tanker carrying crude thego ahead to start unloading the oil. The ship is 60 miles off the Texas coast and won’t come any closer because it’s too large to fit into the port but here’s why the crude is controversial, it’s coming from the Kurdistan region of Iraq. Iraqi officials are warning everyone in the world anyone who buys this oil is “purchasing stolen goods”.“...
  • Jury to decide fate of cop killer

    Jury to decide fate of cop killer

    Monday, July 28 2014 7:13 PM EDT2014-07-28 23:13:11 GMT
    The jury head closing arguments in the punishment phase of the capital murder trial of Harlem Lewis .District Attorney Devon Anderson started by challenging the jury.. Challenging them to send convicted killer Harlem Lewis to death row. "We need you to do your duty. We need you to do your duty as a citizen of this community.She called Lewis a remorseless killer for shooting Bellaire Police Cpl. Jimmy Norman and business owner Terry Taylor after afar chase Christmas Eve 2012. She said people l...
    The jury head closing arguments in the punishment phase of the capital murder trial of Harlem Lewis .District Attorney Devon Anderson started by challenging the jury.. Challenging them to send convicted killer Harlem Lewis to death row. "We need you to do your duty. We need you to do your duty as a citizen of this community.She called Lewis a remorseless killer for shooting Bellaire Police Cpl. Jimmy Norman and business owner Terry Taylor after afar chase Christmas Eve 2012. She said people l...
Powered by WorldNow

KRIV FOX 26
4261 Southwest Freeway
Houston, TX 77027

Phone: (713) 479-2801
Fax: (713) 479-2859

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices