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Accountant Who Worked with Madoff Indicted

Writer's picture: OurStudioOurStudio

Federal authorities, broadening their investigation of Bernard L. Madoff's multibillion-dollar Ponzi scheme five years after the fraud was uncovered, unveiled criminal charges on Thursday against Paul J. Konigsberg, a longtime accountant in Mr. Madoff's inner circle.

The indictment accuses Mr. Konigsberg of assisting Mr. Madoff in doctoring the false account statements that were central to carrying out the fraud. Prosecutors say Mr. Konigsberg performed services for more than 300 accounts invested with Bernard L. Madoff Securities, including those held by some of the firm's earliest and wealthiest clients.

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