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Read the case of Bernard L. Madoff: The Fraud of the Century on page C37-C-39. Answer the 3 Discussion Questions (each worth 5 points). Consider

Read the case of Bernard L. Madoff: The Fraud of the Century on page C37-C-39. Answer the 3 Discussion Questions (each worth 5 points).

  1. Consider section 24 of the Securities Act of 1933 and section 32 of the Securities Exchange Act of 1934 (see Module C). Based on the case information, do you believe that Madoffs auditor, Friehling, should be facing criminal charges? Why or why not?

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