Another Madoff Figure Goes Down
It looks like Bernie Madoff's sketchy accountant is going to be the next person to go down in connection with the scheme. The Journal is now reporting that David Friehling has been charged with securities fraud, aiding and abetting investment adviser fraud and four counts of filing false audit reports with the Securities and Exchange Commission. He faces 105 years in prison if he's convicted on all of the charges and is expected to be arraigned in federal court later today. [WSJ]