Madoff accountant pleads guilty in Ponzi scheme, but will he sing?


Bernard Madoff's former accountant David Friehling pleaded guilty Tuesday, according to a report from the Associated Press. Will he stay silent like Madoff or will he spill his guts to minimize his jail time?

Friehling (pictured) was the longtime auditor for Madoff, and was the first person charged after his boss in the epic Ponzi scheme, but so far, he appears to be keeping silent. Friehling pleaded guilty to charges that are punishable by up to 108 years in prison. It is unclear whether he plans to expose what he knows in a bid to get leniency and a reduction of his jail time.

Frank DiPascali, the former chief financial officer for Bernard Madoff's firm, pleaded guilty in August. He's cooperating with prosecutors and hoping for leniency, but faces a maximum of 125 years on charges of conspiracy, securities fraud, mail fraud, wire fraud, investment adviser fraud, two counts of falsifying the books of a broker dealer, international money laundering, perjury and federal income tax evasion.