Hedge Funds and Sex- Office Affair Plus Coke and Hookers.
When they weren’t figuratively screwing investors, the folks at Madoff Securities were literally screwing each other, bombshell court documents revealed yesterday.
Former hedge fund ponzi schemer party boy Bernie Madoff was personally enmeshed in a workplace “love triangle” and presided over a sexual cesspool where key staffers ripped off victims and each other’s clothes with equal abandon, according to the shocking Manhattan federal court filing.
The behavior at Club Bernie was so inflammatory, that it’s the feds who are asking that jurors be barred from hearing details when Madoff’s former secretary and four other staffers face trial in the record $64 billion rip-off.
Feds prosecuting five Bernie Madoff underlings say sex was rampant in the office and Madoff was in a love triangle with a defendant, leading speculation to either Annette Bongiorno or Joann Crupi
Prosecutors are not naming names — besides Madoff’s — and did not reveal whether any of their own witnesses in the case were involved in the alleged sex shenanigans.
The feds did say that the “various” employees involved include “all but one of the defendants, several government witnesses and Bernard Madoff himself.”
The frisky staffers “were at various times in romantic and/or sexual relationships with one another” over the course of the multi-decade fraud, the papers say.
“One of the defendants was in a love triangle with Bernard Madoff himself,” the papers gush.
The filing caused jaws to drop among defense lawyers, and speculation to run wild among observers.
Assuming Madoff’s lover was not a guy, that would leave two female defendants on his possible office-booty list — his short, portly 65-year-old ex-secretary Annette Bongiorno, and his underling Joann Crupi.
Bongiorno, 65, functioned as an office supervisor who allegedly sent out phony account statements, prosecutors say.
Crupi, 52, meanwhile handled investor funds and kept track of the firm’s daily cash balance.
Throwing off the scent on Crupi is that she has previously told the court she has a lesbian partner and two adopted sons.
Crupi allegedly received $2.7 million directly from Madoff just in 2008.
Prosecutors also allege that Bongiorno pocketed more than $14 million in fraudulent profits by “investing” about $920,000 in Madoff’s scheme.
Each of the five defendants — including former operations officer Daniel Bonventre and computer programmers George Perez and Jerome O’Hara — appeared in court yesterday and pleaded not guilty.
This is not the first time former hedge fund ponzi schemer Madoff, 75, has been accused of fooling around. Sheryl Weinstein, an accountant who blames the con man for stealing her family’s savings, published a book in 2009 claiming she had an extramarital affair with the jailed-for-life Ponzi king.
Cocaine Hookers Strippers and Escorts
Bernie Madoff’s offices in the Lipstick building were referred to by insiders as the “North Pole.”
After infamous Bernie Madoff was exposed by federal authorities for orchestrating a $50 billion ponzi scheme, there were some interesting revelations about the happenings in the upper echelons of the Lipstick building in Midtown Manhattan.
According to a 2009 CNN report citing court papers, during the mid-1970s Madoff would allegedly send people out to go buy cocaine for company use.
Because of the ridiculous amount of cocaine in the office it was dubbed by insiders as the “North Pole.”
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