Bernard L. Madoff's right-hand man pleaded guilty Tuesday and is cooperating in the government's investigation into the largest Ponzi scheme in history. Frank DiPascali Jr. said the conspiracy dated back to the early 1980s and that he followed Madoff's lead from the outset. "I was loyal to him and I ended up being loyal to a terrible, terrible fault," he told the court. Over the objections of both DiPascali's defense counsel and the prosecution, the judge ordered DiPascali to jail immediately.
Madoff's Top Aide Is Ordered to Jail Following Guilty Plea
New York Law Journal
August 12, 2009