Former Madoff employee pleads guilty in NY
NEW YORK -- A former controller for imprisoned Wall Street swindler Bernard Madoff has pleaded guilty to federal charges related to history's largest Ponzi scheme.
The U.S. attorney in Manhattan says Irwin Lipkin of Paramus, N.J., entered the plea Thursday.
The charges included conspiracy to commit securities fraud.
The prosecutor says Lipkin could get up to 10 years in prison.
He will be sentenced in March.
Madoff pleaded guilty in 2009 to stealing billions through a massive fraud. He's serving a 150-year prison sentence in Butner, N.C.
- Share Facebook Twitter
Article sent to (required)E-mail
Article sent from (required)E-mail Name
Subject Line (article title)
Message (optional)Success - Article sent Click to close
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.Need more information about reprints? Visit our Reprints Section for more details.
Contact information ( * required )Name * Company Telephone * E-mail *
Article InformationTitle URL
Message (optional)Success - Reprint request sent Click to close