APRIL 2, 2015 LAST UPDATED: FRIDAY, APRIL 3, 2015, 10:26 AM
BY HUGH R. MORLEY
STAFF WRITER |
THE RECORD
Irwin Lipkin, the 76-year-old Paramus man who was the first non-family employee to get hired by swindler Bernard Madoff’s firm, has had his sentencing for his role in Madoff’s Ponzi scheme delayed again, for health reasons.
A judge moved the sentencing from April 10 to May 13 at the request of Lipkin’s attorney, who said doctors have “uncovered potential issues of dementia” and “cardiac related issues,” court records show.
Attorney Richard Galler, of Hackensack, who said his client also has a kidney condition, sought a 30-day delay in sentencing while doctors prepare reports on his ailments.
“It was adjourned a month because part of the plea bargain says that he is allowed to have a reduction because of his health condition,” said Galler, adding that the deal allows Lipkin to face a maximum of 10 years in prison. His sentencing has been delayed a number of times.
Lipkin, who joined Madoff and his wife at the firm, Bernard L. Madoff Investment Securities, in 1964, retired as controller in 1998. He pleaded guilty in November 2012 to conspiracy to commit securities fraud, falsifying records and making false filings with the Securities and Exchange Commission. Despite his plea, he contended that he was unaware of the Ponzi scheme when he worked at the company.
Lipkin, who has a residence in Delray Beach, Fla., as well as his Paramus home, pleaded guilty from a wheelchair. “He is not well,” said Galler. “He spends most of his time in his house.”
Why not a picture of Lipkin instead of Madoff?
Fuck him….I don’t care if his head is falling off….
Throw the bastard in jail.