David Friehling

Last week, David Friehling, the auditor who had purportedly handled Bernie Madoff's books for years, pleaded guilty to nine charges having to with his auditing work, or lack thereof. The charges included securities fraud, investment adviser fraud, false filings with the SEC and obstructing or...

UPDATE: Now that Bernard Madoff pleaded guilty to 11 charges, prosecutors' efforts turn to identifying those who helped him perpetuate the fraud. Investigators say Madoff told 4,800 investors in November that their accounts were worth $64.8 billion, even though he knew their holdings were a "small...