Ponzi king Madoff paid nine billion dollars to pals before his arrest
June 22nd, 2010 - 2:08 pm ICT by ANI
New York, June 22 (ANI): Ponzi king Bernard Madoff has told fellow jailbirds that he secretly paid three of his close friends nine billion dollars before being nabbed by the police.
The New York Post quoted Madoff as saying that his partner in crime Frank DiPascali knows who the recipients are, and that he suspects DiPascali is using that information to cut a better deal with the feds.
Madoff is lodged in the medium-security prison in Butner, North Carolina.
DiPascali, 52, pleaded guilty last year to 10 felonies in connection with helping Madoff swindle investors out of over 60 billion dollars at his Manhattan financial firm. Madoff, 72, is serving a life sentence, but DiPascali has reportedly been trying to avoid that fate by cooperating with prosecutors. (ANI)
- Madoff Claims To Have Secret $9 Billion Stash - Jun 21, 2010
- Madoff talks about his secret $9 billion secret stash - Jun 22, 2010
- Bernard Madoff's son, Mark, found dead on second anniversary of father's arrest - Dec 11, 2010
- Bernie Madoff's Boxers Anyone? - Nov 12, 2010
- Multi-billion dollar fraudster Madoff's request for soft-touch prison rejected - Jul 15, 2009
- Trustee charges HSBC with funnelling disgraced Ponzi King Madoff's massive fraud - Dec 06, 2010
- Ponzi king Madoff not dying of cancer, clarifies US Bureau of Prisons - Aug 25, 2009
- Madoff enters federal prison - Jul 15, 2009
- Ponzie King Madoff's possessions auctioned in New York - Nov 14, 2010
- Bernie Madoff Accomplice Sonja Kohn Outed - Dec 11, 2010
- My family no longer speaks to me, says Bernie Madoff - Apr 10, 2011
- Ponzi King Madoff's son found dead in New York apartment - Dec 12, 2010
- Ponzi king Madoff shifted to prison medical facility - Dec 24, 2009
- Bernie Madoff Has No Remorse, Says Victims 'Deserved It' - Jun 08, 2010
- Bernie Madoff 'reading American romance novels in jail' - Apr 10, 2011
Tags: bernard madoff, billion dollars, butner north carolina, close friends, fate, feds, fellow, felonies, investors, life sentence, manhattan, medium security, new york post, pals, partner in crime, ponzi, prosecutors, security prison
