Jury Says 5 Madoff Employees Knowingly Aided Swindle of Clients Billions The government also accused...

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Accounting

Jury Says 5 Madoff Employees Knowingly Aided Swindle of Clients Billions

The government also accused two computer programmers, Jerome OHara and George Perez, of helping sustain the $17 billion Ponzi scheme by knowingly creating computer programs that could create fake trades and records.[ii]

1. Explain what roles OHara and Perez played in the Bernie Madoff Ponzi scheme.

2. Was the punishment of the courts, if any, reasonable under the circumstances?

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