Lawyer denies wrongdoing in Madoff case

Former SEC general counsel David Becker has denied any wrongdoing related to his efforts to help direct policies related to the cleanup of the Madoff fraud.

The estate of Becker’s mother had an account with Madoff, which was disclosed to the SEC chairman prior to the general counsel’s participation in the work to unravel the Ponzi fraud and reimburse to the extent possible those affected.

The SEC’s Inspector General, an independent body which reviews conflicts and potential wrongdoing within the federal agency, has recommended a review of Becker’s involvement.

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