More than three years after Bernard Madoff’s multibillion-dollar fraud came to light, a former employee at the convicted Ponzi-scheme operator’s firm admitted to falsifying business records, which helped hide the decades-long scam. Enrica Cotellessa-Pitz, the former controller of Bernard L. Madoff Investment Securities LLC, is the sixth person, including Mr. Madoff, to admit guilt since Mr. Madoff’s arrest in December 2008. Mr. Madoff told federal authorities when he was first arrested that he carried out the scheme by himself. Read Wall Street Journal report here.
