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Sunday 09 August 2009 8:00 pm

Madoff aide to plead guilty

By: admindrupal

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Swindler Bernard Madoff’s right-hand man Frank DiPascali is to plead guilty tomorrow in Manhattan to criminal charges for his role in the $65bn (£39bn) fraud, according to court documents filed late last week. Legal experts indicated the charge against DiPascale might lead to charges being brought against others who worked for Madoff. DiPascali worked for Madoff’s firm for 33 years, latterly as finance chief. Madoff was sentenced in June to 150 years in prison after admitting to running the largest Ponzi scheme in history.

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