Top Madoff Aid Pleads Guilty

Breaking Legal News

According to the New York Law Journal, 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. waived indictment and entered guilty pleas to 10 counts in a criminal information before Southern District of New York Judge Richard J. Sullivan. DiPascali admitted he was part of a scheme that cost institutions, individual investors and charities billions of dollars.

In spite of his cooperation with the government and over the objections of both his defense counsel and the prosecution, Sullivan ordered DiPascali to jail immediately.

DiPascali, who began working for Madoff in 1975 and who was described as the company's chief financial officer, said the conspiracy dated back to the early 1980s and that he followed Madoff's lead from the outset.

Related listings

  • Suspended Boston Cop Sues City

    Suspended Boston Cop Sues City

    Breaking Legal News 08/06/2009

    Courthouse News reports that a Boston police officer who called Harvard Professor Henry Louis Gates Jr. a "banana-eating jungle monkey" in an email he sent to a Boston Globe columnist says the city and its police commissioner violated his rights by s...

  • 11-Word Press Snippets Might Violate Copyright

    11-Word Press Snippets Might Violate Copyright

    Breaking Legal News 07/30/2009

    According to Courthouse News, a Danish press-clipping company could be violating copyright by printing out 11-word snippets of news articles, the European Court of Justice ruled. The Luxembourg-based court remanded the issue to Denmark for a determin...

  • Sotomayor Running Out Of Potential GOP Support

    Sotomayor Running Out Of Potential GOP Support

    Breaking Legal News 07/28/2009

    According to The National Law Journal, the chances are dwindling that a substantial number of Republicans will vote to confirm Supreme Court nominee Sonia Sotomayor, after a key GOP senator announced his opposition Monday morning. Sen. Jeff Sessions,...

Lawyer Website Design For Sole Practitioners - Law Promo

Law Promo understands that running a solo law practice can be a difficult undertaking at any stage, especially if you are just starting up your practice.

The most challenging part of running any solo business can be managing each and every aspect, especially those areas in which you have less experience. Marketing is often one of the weakest areas for small businesses and yet is the most important in ensuring business growth.

A solid internet marketing campaign is crucial, as it can level the playing field between you and larger firms and is by far the most cost effective way to attract more clients.

Business News

Cook County IL Trucking Lawyers We are one of Cook County's leading Workers’ Compensation firms. Illinois workers’ compensation, transportation lawyers. >> read
Santa Ana, CA Workers' Compensation Lawyers We are one of Orange County’s leading Workers’ Compensation firms. >> read