Madoff Accountant Pleads Guilty To Massive Fraud

Law360, New York (November 3, 2009, 5:28 PM EST) -- Bernard L. Madoff's accountant pled guilty Tuesday to nine counts related to his role in the imprisoned investor's Ponzi scheme, becoming the third person connected with the multibillion-dollar fraud to cop to criminal charges.

David G. Friehling, 49, entered his plea at an arraignment in the U.S. District Court for the Southern District of New York.

The New York-based auditor — who has agreed to cooperate with the U.S. government in its ongoing investigation of Madoff's scam — pled guilty to securities fraud, investment adviser fraud,...
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