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Accounting executive arrested in Madoff fraud

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By The Associated Press
Friday, Sept. 27, 2013, 12:01 a.m.

A senior partner at a Manhattan accounting firm has been arrested on charges he participated in and helped direct false bookkeeping during financier Bernard Madoff's historic fraud.

Paul Konigsberg was held for an arraignment on Thursday in federal court in Manhattan.

Konigsberg is a lawyer and was a senior tax partner at the accounting firm Konigsberg Wolf & Co. An indictment said he was the only person outside the Madoff family to hold an ownership interest in Madoff's private investment business.

A message sent to Konigsberg's lawyer was not immediately returned.

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