Madoff Auditor No Longer a CPA

Submitted by Melissa Hoffmann on Fri, 08/06/2010 - 12:44

David G. Friehling, the Rockland County accountant who admitted rubber-stamping convicted swindler Bernard Madoff's financial audits for years has reportedly been stripped of his license by the state.

The Office of Professional Discipline of the state Department of Education voted July 19 to revoke Friehling's license for his involvement with Madoff and Madoff's company, Bernard L. Madoff Securities LLC, according to the Journal News report.

Friehling was responsible for issuing yearly audits on the financial statements of Bernard L. Madoff Investment Securities.

Friehling pleaded guilty in November to nine criminal counts, including securities fraud, investment adviser fraud, and three counts of obstructing tax law administration.

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