Two Madoff Victims Sue His Former Accountants
By Ben Fractenberg
Carol and Larry Warshaw reportedly lost more than $2.6 million to Madoff and say the two men responsible for keeping his records, Steven Mendelow and Paul Konigsberg, should have known about the scam.
"Besides referring clients, Madoff relied on the defendants as loyal accountants to conceal his Ponzi scheme," wrote the Warshaw’s lawyer, Russell Bogart, according to the Post.
"The defendants’ failure to engage in any diligence regarding Madoff given their sophistication and access to Madoff establishes their willful blindness and/or knowledge of his fraud.”
It was not immediately clear how much the Warshaw’s are suing the accountants for.