Madoff's former accountant arrested over $65bn Ponzi scheme

A former accountant for Bernard Madoff was arrested on Thursday, nearly five years after the fraudster's huge Ponzi scheme was uncovered, an FBI spokesman said.

Paul Konigsberg, an accountant and former senior tax partner at Konigsberg Wolf & Co in New York, is the 15th person to be charged over the fraud, the Guardian reports. Madoff, 75, (pictured) was arrested on 12 December 2008 and is serving a 150-year sentence. The trustee liquidating Madoff's New York investment firm has said customers lost about $17.3bn (£10.7bn). Konigsberg's arrest comes less than two weeks before the expected trial of five former Madoff employees accused of aiding the fraud. According to court papers, Konigsberg was a close associate of Madoff's and helped him ...