Madoff accountant expected to renter guilty plea

Bernie Madoff

Bernard Madoff's former accountant is expected to plead guilty to charges in connection with the convicted swindler's massive Ponzi scheme, a U.S. prosecutor said at a Tuesday court hearing.

Reuters reports that Paul Konigsberg, a former senior tax partner at Konigsberg Wolf & Co, will likely enter a guilty plea next week under a cooperation agreement with the government, Assistant U.S. Attorney Matthew Schwartz said.

'We are finalizing the terms of a plea', Schwartz told U.S. District Judge Laura Taylor Swain in Manhattan.

Konigsberg and his attorney, Reed Brodsky, attended the hearing but did not discuss plea details.

The nature of Konigsberg's proposed cooperation is unclear. No criminal charges are pending against other defendants in the Madoff case, though several have yet to be sentenced.

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Ex-Madoff accountant expected to plead guilty 

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