Feds: Another former Madoff worker to plead guilty

A man said to be a member of Bernard Madoff's "inner circle" has agreed to plead guilty to helping the swindler cook the books, federal prosecutors said in a letter made public Thursday.

A man said to be a member of Bernard Madoff's "inner circle" has agreed to plead guilty to helping the swindler cook the books, federal prosecutors said in a letter made public Thursday.

Eric Lipkin, a second-generation Madoff employee who worked at his secretive investment advisory business for 16 years, will appear in court Monday to admit his role in the epic fraud, prosecutors said in a letter to U.S. District Judge Laura Taylor Swain.

The letter said Lipkin would plead guilty to a six-count criminal complaint that will be submitted to the court Monday and will include charges of conspiracy, bank fraud and falsifying various financial records. Lipkin is entering the plea as part of a cooperation agreement with prosecutors, but the letter did not specify what sort of assistance he has been asked to provide.

Lipkin's lawyer, James Filan, declined to comment.

In a civil lawsuit filed last year, the court-appointed trustee trying to unwind Madoff's fraud called Lipkin a member of the schemer's "inner circle" who profited handsomely from the fraud and was an active part of attempts to cover it up.

Lipkin's father, Irwin, was one of the first people hired by Madoff when he started his investment business, and was one of the key workers who began building the firm from scratch in 1964, according to the lawsuit. Eric Lipkin followed his father into the company in 1992 and acted as a "lieutenant" to Madoff, as well as the company's payroll manager.

Court trustee Irving Picard accused both father and son of being aware of the Ponzi scheme and helping to conceal it, all while pocketing about $9.2 million in customer money through fictitious stock trades. The suit said that when the Securities and Exchange Commission briefly probed Madoff's operation in 2005 and 2006, Eric Lipkin threw investigators off the trail by giving them bogus information and fabricating trade blotters.

If he goes through with the guilty plea, Lipkin, who lives in Ridgewood, N.J., will be the third person who worked for Madoff to plead guilty to a crime. Madoff's independent auditor and his long-time deputy have both previously admitted wrongdoing. Five other people who worked for the firm have been charged but pleaded not guilty.

Madoff, 73, is serving a 150-year prison term after pleading guilty in 2009. At the time, he claimed he acted alone.

In Other News

fake money

Keywords clouds text link 

Dịch vụ seo, Dịch vụ seo nhanh , Thiết kế website ,  máy sấy   thịt bò mỹ  thành lập doanh nghiệp
Visunhomegương trang trí  nội thất  cửa kính cường lực  Vinhomes Grand Park  lắp camera Song Phát thiết kế nhà thegioinhaxuong.net/

Our PBN System:  thiết kế nhà xưởng thiết kế nội thất thiết kế nhà tem chống giả

aviatorsgame.com ban nhạcconfirmationbiased.com 
radiantcitymovie.comeatatdistrict.com
chaletedelweiss.useve-razor.com
occastudios.commoscasenlasopa.net
skaratoken.comshowdx.com
thelettersmovie.comheritage-gifts.com
singstreetmovie.comdeadaccountsonbroadway.com
moscasenlasopa.netratchasima.net
eatatdistrict.comthe-movie-trailer.com 
theboroughraleigh.comradio-electronics.co
mariankihogo.com  ốp lưngGiường ngủ triệu gia  Ku bet ku casino

https://maysayhaitan.com/  https://dovevn.com/ buy fake money https://sgnexpress.vn/ máy sấy buồn sấy lạnh

mặt nạ  mặt nạ ngủ  Mặt nạ môi mặt nạ bùn mặt nạ kem mặt nạ bột mặt nạ tẩy tế bào chết  mặt nạ đất sét mặt nạ giấy mặt nạ dưỡng mặt nạ đắp mặt  mặt nạ trị mụn
mặt nạ tế bào gốc mặt nạ trị nám tem chống giả

https://galaxymedia.vn/  công ty tổ chức sự kiện tổ chức sự kiện
Ku bet ku casino
Sâm tươi hàn quốc trần thạch cao trần thạch cao đẹp

suất ăn công nghiệpcung cấp suất ăn công nghiệp

https://docs-cashshop.com/
https://galaxymedia.vn/dich-vu-to-chuc-su-kien-la-gi-quy-trinh-to-chuc-su-kien-nhu-the-nao-id3108.html

© 2020 US News. All Rights Reserved.