DiPascali, Madoff’s Right-Hand Man, Pleads Guilty

Frank DiPascali, the former financial chief for disgraced billionaire financier Bernie Madoff, told a federal court judge on Tuesday that he and others knew as far back as the early 1990s that no sales were taking place in Madoff’s investment scam. He made the comments while pleading guilty to criminal charges as part of a government cooperation agreement for his role in Madoff’s $65 billion Ponzi scheme.