Former Madoff employee enters guilty plea

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Former Bernard Madoff employee Eric Lipkin pleaded guilty to charges that he falsified documents to help carry out the biggest Ponzi scheme.

Lipkin, 37, pleaded guilty to six criminal counts, including conspiracy, falsifying records and bank fraud, in a hearing today in Manhattan federal court. Lipkin agreed to cooperate with the government in its investigation of the fraud at Bernard L. Madoff Investment Securities LLC, which became public with Madoff’s arrest in December 2008.

“I’d like to first apologize to my family, my friends and all the victims in the case,” Lipkin told U.S. District Judge Laura Taylor Swain.

Full story: Ex-Madoff employee pleads guilty in Ponzi scheme, vows cooperation