Programmers Indicted in Madoff Fraud

(AP)  Two former employees accused of helping fraudulent Wall Street financier Bernard Madoff program an old computer to generate false records have been indicted.

Wednesday's indictment accuses computer programmers Jerome O'Hara and George Perez of conspiracy, falsifying records of a broker dealer and falsifying records of an investment adviser.

The men originally were charged in a criminal complaint before the case was presented to a federal grand jury, which returned the indictment.

O'Hara is from Malverne, N.Y. Perez is from East Brunswick, N.J. Each remains free on $1 million bail.

Telephone messages left with their lawyers Wednesday haven't been returned.

The 71-year-old Madoff is serving a 150-year sentence after admitting his multi-decade Ponzi scheme cost thousands of investors billions of dollars.

[pragmatist1]

No amount of punishment will ever be severe enough for anyone that was part of Madoff's fraud.

[spaceatoms]

what a joke, we are right back to the starting point before the election with gas going to 3.00 a gallon!

[bradkt1]

Get them all. Madoff couldn't have pulled this off without them.

[stychokiller]

I guess this means that when you write a program to "Cook" up numbers, you'd better know what the numbers mean!