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Ex-Madoff accountant pleads guilty to aiding fraud

Ex-Madoff accountant pleads guilty to aiding fraud

Paul Konigsberg, 78, a former senior tax partner at Konigsberg Wolf & Co, pleaded guilty to one count of conspiracy and two counts of falsifying the records of a broker-dealer before U.S. District Judge Laura Taylor Swain in New York. He also agreed to forfeit $4.4 million.

He became the 15th person to plead guilty or be convicted at trial in connection with the fraud.

“I’m here today to take responsibility for what I did wrong,” Konigsberg told Swain. 

He said he had worked with others at Madoff’s firm to manipulate customer account statements, including by backdating transactions, and then filed false tax returns based on those amended statements.

But he said he had not been aware that Madoff’s entire investment advisory business was a massive fraud.

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