Apparently the MSU method of accounting isn’t always the best of ideas after all
Madoff’s accountant, David Friehling, will probably plead guilty to various charges of Making Sh*t Up due to his fantasy audits of Madoff’s businesses. Prosecutors aren’t saying that he knew about the Ponzi scheme, but rather that he did virtually nothing but “rubber-stamp [...]
Posts Tagged ‘David Friehling’
Madoff accountant waives indictment, may plead guilty
Madoff’s accountant indicted
David Friehling, the do-nothing accountant for Madoff who apparently never actually did an audit, is now facing 105 years in prison.
Gary Weiss
That’s a lot of time. How much time will it take for him to flip? My guess is “five seconds.”
He was paid $12,000-$14,400 a month. Sue says, that wasn’t nearly enough and figures him [...]
