Summary
NEW YORK - The former chief financial officer for Bernard Madoff pleaded guilty Tuesday to conspiracy, admitting to helping Madoff carry out a massive fraud that cost thousands of people billions of dollars by lying to investors and testifying falsely when it seemed the fraud might be discovered.
"I was loyal to him. I ended up being loyal to a terrible, terrible fault," Frank DiPascali said as he pleaded guilty in U.S. District Court in Manhattan to charges including securities fraud, falsifying records and international money laundering.See the full content of this document
Extract
Ex-Madoff Cfo Pleads Guilty to Conspiracy
The plea to charges which carry a potential penalty of up to 125 years in prison came with a...
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