Madoff Ex-Accountant Pleads Not Guilty in Ponzi Scheme

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Bernard Madoff’s former accountant pleaded not guilty to charges he helped the convicted con man carry out a Ponzi scheme, less than two weeks before the start of a trial of five ex-employees who are accused of aiding the fraud.

Paul Konigsberg, 77, entered his plea today before U.S. Magistrate Debra Freeman, who allowed him to be freed on $2 million bail. He was arrested this morning by the Federal Bureau of Investigation in New York, said Peter Donald, an FBI spokesman.