|
|
20 Jul 2009
David Friehling, the former auditor of convicted fraudster Bernard Madoff, could cut a deal with US prosecutors.
A federal judge gave prosecutors the go-ahead to reach a possible settlement with Friehling after he entered a not guilty plea last week to charges including filing false reports, the Sunday Times reported.
Friehling allegedly signed off Madoff's accounts year after year without checking their accuracy.
But legal experts believe he is ready to cut a deal because he waived his right to a grand jury hearing, known to be a sign that a defendant is willing to negotiate with prosecutors.
US district judge Alvin Hellerstein agreed to convene the next hearing on 1 October, giving the prosecutors time to hammer out an accord with Friehling.
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment