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At trial, ex-Madoff aide Bonventre denies he knew of fraud

HedgeWorld – Only minutes into the prosecution’s questioning of former Bernard Madoff aide Daniel Bonventre at trial on Wednesday [Feb. 19], it was clear he was in for a long day.

Assistant U.S. Attorney Randall Jackson asked Bonventre repeatedly whether he was “close friends” with one of four co-defendants accused of helping to conceal Madoff’s decades-long, multibillion-dollar fraud, former portfolio manager Annette Bongiorno.

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