Annette Bongiorno, 62, a longtime "back office" employee in Bernie Madoff & Co., reported to jail in Florida Tuesday, after her bail was revoked by a federal judge in New York.  Ms. Bongiorno, who has been on home incarceration and subject to electronic monitoring in Florida, had difficulty meeting the conditions of a $5 million bail set last month.

Prosecutors also raised recent concerns about her access to $2.4 million in "liquid assets," which they want to seize.  The same prosecutors also credit Ms. Bongiorno with having played a key role in deceiving investors and regulators and helping prop up Bernie Madoff's decades-long fraud.  Ms. Bongiorno, who has denied wrongdoing, surrendered to the U.S. Marshals Service in Florida on Tuesday afternoon.  One of her lawyers, Maurice Sercarz, said they plan to file an appeal with the U.S. Second Circuit Court of Appeals, seeking her release. 

On Tuesday, U.S. District Judge Laura Taylor Swain agreed that Ms. Bongiorno's access to "unrestricted assets ... pose a very real potential for the facilitation of flight," and rejected a suggestion that a monitor be appointed to keep an eye on her and her husband's assets.  Ms. Bongiorno is one of five former Madoff employees facing criminal charges in the case.   [WSJournal, 12/21]