Members Area
Log in | Become a Member
Organization access | Register your group

Weather: Montreal, March 12th 2010 / 8°C / Overcast / Wind: 26 Km/h / Humidity: 42 %

Madoff auditor pleads guilty to securities fraud and other charges

Article online since November 3rd 2009, 0:00
Be the first to comment on this article

NEW YORK - Disgraced financier Bernard Madoff's longtime auditor has pleaded guilty to securities fraud and other charges.

David Friehling entered the plea Tuesday in federal court in Manhattan.

Prosecutors said previously that the charges could be punishable by up to 108 years in prison. However, substantial co-operation can result in leniency.

The government says Friehling would have known that Madoff was carrying out history's biggest Ponzi scheme - because he kept the books.

But he told the judge: "At no time was I ever aware Bernard Madoff was engaged in a Ponzi scheme."

Send this text to a friend

Print this article

Comment on this article

These articles could also interest you

November 3rd 2009- Empire strikes back as Lucasfilm renews court battle over rights to 'Star Wars' costumes
November 3rd 2009- 'Made in Heaven' adds Siamese twins to a love quadrangle - and get laughs
November 3rd 2009- Opel employees agree to cuts as GM board meets to approve sale to Magna group
November 3rd 2009- 20 years after fall, last remaining stretch of Berlin Wall gets facelift
November 3rd 2009- Madoff auditor pleads guilty to securities fraud and other charges

Your comments

Montréal Express

Columnist

Steven Guilbeault - Environment Column
Shaky democracy
Richard Cléroux - National Columnist
Harper Flipped. And then he Flopped.

Related Newspapers

The Westmount Examiner - Making all of Westmount your home
I am woman, watch me score!
Cités Nouvelles - L'hebdo francophone de l'Ouest-de-l'Île
Le curling à l’honneur!
The Monitor - Serving the West End since 1926
I am woman, watch me score!

Our Weeklies

Reader Poll

Are you planning on getting the H1N1 vaccine?
Yes, I always planned on getting it.
No, we're all panicking for nothing.
I didn't plan to originally, but now I think I will
Don't know. Despite extensive media coverage, I'm still confused
I'm going to wait and see...

View the results