Madoff’s accountant David Friehling, who was already sued by the SEC today, has also been charged criminally with filing false audits and aiding and abetting security fraud, CBS News reports. CBS News reports learned that Friehling will be arrested today in connection with the Madoff scandal.
From 1991 through 2008, Friehling, a CPA, and his firm, Friehling & Horowitz, CPAs, P.C., purported to audit the financial statements and disclosures of Bernard L. Madoff Investment Securities LLC.
I went to graduate school at Baruch with this guy. At the time, he was just a regular guy who did what he had to.. I guess even the good guys can be corrupted for the right price. Maybe he married the wrong girl and just got in deep deep doo doo and his now dead fatherinlaaw just told him what to do.
In any event, you do the crime, you do the time. Sorry bud.