>Former Madoff employee’s sentencing postponed
MONDAY, DECEMBER 12, 2011
BY ANDREW TANGEL
STAFF WRITER
THE RECORD
* Former Madoff employee is helping government’s case.
Sentencing for a Ridgewood man who helped Bernard Madoff conceal his massive Ponzi scheme has been postponed for six months so he can continue helping the government.
Federal prosecutors in Manhattan on Friday requested to delay the proceeding — which had been scheduled for Thursday — until June 15, citing Eric S. Lipkin’s “continuing cooperation with the government.”
Lipkin, a second-generation Madoff employee who worked as his payroll manager, pleaded guilty in June to six charges, including bank fraud and conspiracy. He admitted doctoring the records of Bernard L. Madoff Investment Securities LLC to hide the multibillion-dollar fraud.
“Mr. Lipkin continues to cooperate with the government with the hope that he can assist in the investigation and the prosecution of others,” James Filan, Lipkin’s attorney, said in an e-mail Monday. He declined to comment further.