Madoff scandal, another red flag

Bernie Madoff's secretive investment firm "managed"--and I use the term loosely--billions of dollars. And yet its auditor was a tiny one-accountant operation in New City, New York, called Friehling & Horowitz. The AP paid a visit and noted the office is "next door to a pediatrician in a drab suburban building...Calls to the firm have gone unanswered this week, and the storefront has been locked every day this week. On Wednesday, a notice of a failed UPS delivery was hung on the door." The head of the firm apparently is a 49-year-old accountant named David Friehling. The fact that Madoff used such a tiny audit firm for what appeared to be a massive operation is rightfully garnering attention. Local prosecutors have been looking for him, and Friehling has a lot of explaining to do. 

For more:
- here's the AP article

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