[Iran Press TV Latest] The former accountant of convicted con artist Bernard Madoff has pleaded guilty to several charges, including fraud, in connection with his auditing work for Madoff. David Friehling, 49, had to appear in a Manhattan federal court on Tuesday. He is the third person to plead guilty in the multi-billion dollar fraud.
The accountant, who served as Madoff's outside auditor since 1991, confessed to US District Judge Alvin Hellerstein that he didn't conduct an independent investigation of Bernard L. Madoff Investment Securities LLC as accounting rules required of him.