Ex-Madoff Accountant Aided Feds In JPM Probe: Prosecutors

Law360, New York (July 6, 2015, 12:35 PM ET) — Bernie Madoff’s personal accountant Paul Konigsberg should receive lenience at sentencing, prosecutors said Thursday, citing his help getting them information that drove a $1.7 billion settlement with JPMorgan Chase & Co. over its alleged failure to report suspicious activity.

The three charges to which Konigsberg pled guilty in June 2014 could have resulted in as much as 30 years’ imprisonment, according to prosecutors. Those charges were conspiracy to falsify books and records, falsifying books and records of a broker-dealer, and falsifying books and records of an…

Source: Law360

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