Madoff Enabler to Plead Guilty

cityfile · 10/30/09 10:15AM

Another figure in the Madoff affair should be headed to prison in the near future. David Friehling, Bernie's sketchy accountant and the man supposedly responsible for overseeing Madoff's financial activities out of his one-man firm in Rockland County, is expected to plead guilty to a variety of charges next week. He and faces a maximum of 108 years in prison. [NYT, WSJ]

Another Madoff Figure Goes Down

cityfile · 03/18/09 07:30AM

It looks like Bernie Madoff's sketchy accountant is going to be the next person to go down in connection with the scheme. The Journal is now reporting that David Friehling has been charged with securities fraud, aiding and abetting investment adviser fraud and four counts of filing false audit reports with the Securities and Exchange Commission. He faces 105 years in prison if he's convicted on all of the charges and is expected to be arraigned in federal court later today. [WSJ]