Source Pravda.Ru

Bernard Madoff Pleaded Guilty

Bernard Madoff's right-hand man in his Ponzi scheme pleaded guilty Tuesday to taking part in the massive fraud, saying others, including himself and Madoff, were involved.

But in a surprise move, U.S. District Court Judge Richard Sullivan denied bail for Frank DiPascali Jr., 52, despite his cooperation, which investigators said was helping them decipher the computer data underlying Wall Street 's biggest scam , Newsday reports.

Frank DiPascali, former chief financial officer for Bernard Madoff, pleaded guilty Tuesday to securities fraud, falsifying records and international money laundering, admitting to helping Madoff carry out his fraud , Chicago Sun-Times reports.

“I knew it was criminal, and I did it anyway,” Mr. DiPascali told Judge Richard J. Sullivan, of Federal District Court, just before pleading guilty to 10 felony counts, including conspiracy and tax evasion.

But Judge Sullivan refused to release Mr. DiPascali on bail after his plea, despite a request by prosecutors that he remain free to better assist their complex, wide-ranging investigations, a jolt to both the government attorneys and the defense lawyers , New York Times reports.

Comments
Blame MH17 on Russia: International investigation turns into demonic circus
World leaders unite with Russia at St. Petersburg International Economic Forum
Blame MH17 on Russia: International investigation turns into demonic circus
World leaders unite with Russia at St. Petersburg International Economic Forum
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
World leaders unite with Russia at St. Petersburg International Economic Forum
Boston Fakery ~ An Expose of the Boston Marathon Bombings Hoax
World leaders unite with Russia at St. Petersburg International Economic Forum
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
The Netherlands and Australia officially accuse Russia of downing MH17 over Donbass
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus