Ex-Madoff Worker Says He Faked Trading Records

Law360, New York (June 6, 2011, 2:29 PM EDT) -- A former employee of convicted Ponzi schemer Bernard L. Madoff pled guilty in New York on Monday to falsifying trading account and payroll records along with committing other forms of fraud.

Eric S. Lipkin, 37, admitted before a New York federal judge to sending fake reports of trading information to the Depository Trust & Clearing Corp., which in turn forwarded those records on to the U.S. Securities and Exchange Commission.

“Your honor, I would like to apologize to my family and my friends and all of...
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Case Number

1:10-cr-00228

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New York Southern

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March 17, 2010

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