The former chief financial officer for disgraced financier Bernard Madoff -- long rumored to be cooperating with authorities -- is expected to plead guilty to unspecified criminal charges, prosecutors said Friday. In a letter to a judge, prosecutors said Frank DiPascali agreed to enter the plea on Tuesday in federal court in Manhattan. The probable plea deal signals "more indictments are coming, and probably quite soon," according to a former federal prosecutor now in criminal defense.
August 10, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
In a letter to a judge, the prosecutors said Frank DiPascali agreed to enter the plea on Tuesday in federal court in Manhattan. A phone call to DiPascali’s attorney, Marc Mukasey, was referred to a law firm spokeswoman who declined to comment.
Earlier Friday, prosecutors filed a one-page notification with the court that DiPascali would be charged in the case. Such a filing usually means there’s a plea deal, and that the defendant is cooperating.
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