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Frank DiPascali, Jr. was an American financier and fraudster who was a key lieutenant of Bernie Madoff for three decades. He referred to himself as the company's "director of options trading" and as "chief financial officer". For a number of years, he played a key part in the daily operation of the Madoff investment scandal, later recounting how he helped manipulate billions of dollars in account statements so clients would believe that they were creating wealth for them. On August 11, 2009, he
Frank DiPascali, 58, died Thursday of lung cancer after spending his final years cooperating with investigators. DiPascali had been due to appear on June 5 in federal court in Manhattan, where...
Frank DiPascali passed away May 7 of lung cancer, according to his attorney, Marc Mukasey. “He was grateful to have been able to make some amends by helping the government these past few years,” Mukasey said in a statement. Anniversary Behind Bars: Where Are Bernie Madoff's Insiders? Madoff's Right Hand Man Walks Out of Jail
Frank DiPascali died on Thursday night, his attorney, Marc L. Mukasey, just told me. “He was proud of the work he had done to make amends,” says Mukasey, a partner at Bracewell & Giuliani LLP....
He was one of the disgraced financier's closest confidantes and aware of the gross abuses of power and money management that his boss perpetrated for decades. On May 7, 2015, DiPascali died at 58...
Frank DiPascali Jr. was high in the chain of command at the investment firm that sat at the center of the scheme, Bernard L. Madoff Investment Securities. He was also a major person of interest...
DiPascali grew up in a two-family home in a blue-collar neighborhood in Howard Beach, Queens, just blocks from where Michael Griffith, a 23-year-old black man, was beaten in 1986 by white men...
But testifying as the star prosecution witness against five former co-workers as the fifth anniversary of the scam's collapse approaches, DiPascali, 57, has started filling in some of the blanks...
Mr. DiPascali is facing up to 125 years in prison; his former boss was sentenced in June to 150 years. “The defendant has ample incentive to flee,” the judge said, adding that the bail...
When he pleaded guilty in August 2009, DiPascali said there had been no actual stock trading "from at least the early 1990s." But during the trial, he testified he'd known there were no trades as...