Financial Times FT.com

Madoff accountant to plead guilty

By Alan Rappeport in New York

Published: October 30 2009 18:37 | Last updated: October 30 2009 18:37

David Friehling, the long-time accountant of Bernard Madoff, will plead guilty to fraud charges next week, prosecutors have revealed, widening the net of conspirators in the biggest “Ponzi” scheme in history.

Mr Friehling would plead guilty to seven counts of fraud next Tuesday, prosecutors said in a letter to Judge Alvin Hellerstein of New York’s southern district court on Thursday.

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