Paul Konigsberg will not have his good name dragged through the mud!

Paul Konigsberg, 78, a former senior tax partner at Konigsberg Wolf & Co, pleaded guilty to one count of conspiracy and two counts of falsifying the records of a broker-dealer before U.S. District Judge Laura Taylor Swain in New York…”I’m here today to take responsibility for what I did wrong,” Konigsberg told Swain at Tuesday. He said he had worked with others at Madoff’s firm to manipulate customer account statements, including backdating transactions, and then filed tax returns on behalf of the clients based on the amended statements. But he claimed he had no idea that Madoff’s entire investment advisory business was a massive fraud. “It’s important to me to say that I was not aware of Madoff’s horrific and evil Ponzi scheme that brought so much suffering to so many,” he told Swain.

There’s an important distinction to be made here and you’d best be getting it down.

Ex-Madoff accountant pleads guilty to aiding fraud [Reuters]

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