Frank DiPascali, said to be Bernard Madoff’s right hand man in his Ponzi scheme, will “tell all and name names” pursuant to a plea agreement announced today in federal court. ABC News reports that DiPascali pleaded guilty to nine counts, and was then released after posting a $2.5 million dollar bond. His sentencing is scheduled for May 2010.
ABC reports that DiPascali
is expected to provide prosecutors with a road map of those in the Madoff inner circle who were involved in the scheme that swindled investors out of an estimated $64.8 billion.
