Ex-Madoff operations director nabbed by FBI

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NEW YORK (Reuters) – A former director of operations for imprisoned Ponzi schemer Bernard Madoff’s investment firm has been arrested, the FBI said on Thursday.

Daniel Bonventre, 63, was arrested at his Manhattan residence, and is scheduled to appear later Thursday in Manhattan federal court, the agency said.

No further details were immediately available. A spokeswoman for U.S. Attorney Preet Bharara in New York declined to comment.

Bonventre would be the sixth person to face criminal charges over the December 2008 collapse of Bernard L. Madoff Investment Securities LLC. The firm was a base for a decades-long swindle that investigators have estimated at $65 billion.

Full story: FBI says arrests ex-Madoff operations director via Reuters