David Friehling skated after coughing up a $2.5 million bail. No word yet if the check bounced.
Bernard Madoff’s longtime accountant has been released on $2.5 million in bail.
The 49-year-old David Friehling was arrested on fraud charges Wednesday and accused of helping the disgraced money manager cheat thousands of investors out of billions of dollars.
The accountant was released after a brief hearing Wednesday in federal court in Manhattan.
Madoff’s accountant released on $2.5m bail [The Associated Press]
Sure, help steal 65bn, but we’ll let you out on 2.3m… 10% cash bond anyone? Hello Argentinaaaaaah.
The guy ran a 3-man accounting shop out of a small storefront in a strip mall and he has $2.5m to post bond? guilty as hell.
did he use Ponzi money, TARP money, or TALF money to post bail?
If i steal jewels and get caught they dont let me use the stolen goods to secure bail…I would like to add a 5th question to the Passover table.
Why the fuck are these Madoff scandal assholes allowed to use stolen funds for bail. Shouldnt the funds be frozen?
@4 – Damn straight. Freeze the accounts of anyone who has done business with or received distributions from Madoff at any time since the Ponzi scheme began.
1 65 Billion was not stolen. Unless you consider funds withdrawn by early investors from deposits made by later investors to be theft. I do, but apparently I’m in the minority, since I don’t see anyone attempting to recover those funds.