Enrica Cotellessa-Pitz, Bernard Madoff’s ex-controller, said she didn’t know her former boss was running a massive Ponzi scheme while she helped falsify the firm’s accounting for almost a decade. Cotellessa-Pitz, 53, pleaded guilty to four criminal counts at a hearing in Manhattan federal court yesterday, admitting she created phony stock records, made false entries in the firm’s general ledgers and filed untrue reports with regulators. Read Bloomberg Businessweek report here.
