Omega Seamaster Planet Ocean 43.5mm

Omega Seamaster Planet Ocean 43.5mm

Attorneys for the five argue that the former employees did nothing wrong and were among the thousands of Madoff's victims.

Bernard Madoff former finance chief Frank DiPascali leaves Manhattan federal court in 2010 after he was granted bail. DiPascali is expected to be the key prosecution witness at the conspiracy and fraud trial of five other former Madoff staffers.(Photo: Larry Neumeister, AP)

Two former computer programmers for Madoff's firm, Jerome O'Hara, 50, and George Perez, 47, round out Omega Seamaster Planet Ocean 43.5mm the defendant list.

Story HighlightsProsecutors say defendants were Madoff accomplices, defense lawyer say they were victimsFormer Madoff finance chief Frank DiPascali expected to be star prosecution witnessFederal trial could run as long as five months

Omega Seamaster Planet Ocean 43.5mm

Omega Seamaster Planet Ocean 43.5mm

to serve on a trial forecast to last as long as five months.

Madoff, who revealed the scam in December 2008 as the fraud teetered toward collapse, likely won't be in court to repeat any of his claims. He pleaded guilty in 2009 without standing trial.

Aiming to prove that was another of his many lies, federal prosecutors are preparing to try five former Madoff employees this week on a 10 count criminal conspiracy and fraud indictment.

at the case, has barred evidence of the expensive homes, shopping sprees and other luxuries the defendants funded with the millions of dollars they collectively received from Madoff. But the judge indicated last month that she may permit Omega Seamaster Planet Ocean Brown Leather Strap

DiPascali is expected to provide incriminating testimony against the five former employees, explaining in detail what he says each did and how the scam worked. In return, DiPascali hopes for leniency to spare him from much of the potential 125 year maximum prison term he faces for his guilty plea. Two other former Madoff employees and his firm's former outside accountant, all of whom have pleaded guilty, are also expected to testify for the prosecution. District Judge Laura Taylor Swain, who is presiding Omega Watches For Mens

Omega Seamaster Planet Ocean 43.5mm

´╗┐Conspiracy trial of Madoff employees set to open

Many of Madoff's client victims were lulled into a false sense of security by eerily regular returns on their investments only to be shocked later that the former Nasdaq chairman used some customers' money to pay others while he led a life that included luxury homes, expensive cars and almost unimaginable stolen wealth.

Omega Seamaster Planet Ocean 43.5mm

Omega Seamaster Planet Ocean 43.5mm

EDT October 14, 201The Manhattan court trial is expected to provide first detailed look inside fraud scheme that stole billions from large and small investors around the world.

Who's Who: A look at the former employees and their charges

Omega Seamaster Planet Ocean 43.5mm

"I'm standing here to say that from the early 1990s until December 2008, I helped Bernie Madoff and other people carry out a fraud," DiPascali said at his plea hearing.

Omega Seamaster Planet Ocean 43.5mm

Omega Seamaster Planet Ocean 43.5mm

Sex: Feds allege Madoff was in love 'triangle'

evidence about sexual liaisons some of the defendants and witnesses carried out during the Ponzi scheme if prosecutors and defense lawyers are unable to reach an expected agreement to limit that information.

Four hundred potential jurors were summoned for Manhattan federal court screening early this month, but 163 were excused based on their answers to questionnaires prepared by prosecutors and defense lawyers.

Once empaneled, the jury will decide the legal fate of longtime Madoff secretary Annette Bongiorno, 64; Daniel Bonventre, 66, the former director of operations for Madoff's financial firm; and JoAnn Crupi, 52, who monitored the bank account through which billions of customer dollars flowed.

The case, the product of five years of government investigation, is expected to offer the first detailed look inside the Ponzi scheme that fleeced an estimated $17 billion to $20 billion from charities, financial firms, retirees and small investors worldwide.

NEW YORK Disgraced financier Bernard Madoff infamously claimed that he, and he alone, ran one of the largest financial frauds in world history.

Both sides questioned many of the remaining potential jurors last week, then prepared to resume the process Tuesday in hopes of moving to opening statements on Wednesday. The selection process has been slow because many potential jurors said it would be a hardship Omega Speedmaster 57 Titanium

Omega Seamaster Planet Ocean 43.5mm

Omega Seamaster Planet Ocean 43.5mm

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