Madoff worker Lipkin admits guilt

Wed Jun 8, 2011

BBC News

Bernard Madoff's payroll manager, Eric Lipkin, has told a New York court that he "worked to deceive auditors".

Lipkin pleaded guilty to doctoring documents, adding fake employees to the payroll and lying to get a loan.

The plea was part of an agreement under which Lipkin will cooperate with US authorities investigating the Madoff fraud.

Read More: http://www.bbc.co.uk/news/business-13678446

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