Madoff Aide DiPascali Pleads Guilty, Goes to Jail
A shonde fur di Yidn?
Frank DiPascali, whom The New York Times describes today as “one of [Bernie] Madoff’s closest aides for decades, pleaded guilty to 10 felony counts, including conspiracy and tax evasion, in Manhattan federal court yesterday. He’s been cooperating with prosecutors, explaining details of how Madoff’s long-running scam operated, but, despite prosecutors’ requests, was not allowed to remain free on bail after his plea. (Prosecutors argued that he’d be better able to help them piece together the crime as a free man, and presumably wanted to offer him a reward for his cooperation; the judge pointed out that the guy’s got plenty of money and every incentive to flee before he’s sentenced.) “It was all fake,” said DiPascali, who, it seems, blamed all his wrongdoing on an overabundance of (misplaced) loyalty. “It was all fictitious. It was wrong, and I knew it was wrong at the time.” He’s now the third person to be charged with crimes in the Madoff Ponzi scheme—the other was Madoff’s accountant, who was charged with rubber-stamping, rather than actually auditing, his books—and the second, after Madoff, to plead guilty and go to jail. Most notably, though, he is also—bless his heart—the first gentile to catch any blame for this thing.
Daily rate: $2
Monthly rate: $18
Yearly rate: $180
WAIT, WHY DO I HAVE TO PAY TO COMMENT?
Tablet is committed to bringing you the best, smartest, most enlightening and entertaining reporting and writing on Jewish life, all free of charge. We take pride in our community of readers, and are thrilled that you choose to engage with us in a way that is both thoughtful and thought-provoking. But the Internet, for all of its wonders, poses challenges to civilized and constructive discussion, allowing vocal—and, often, anonymous—minorities to drag it down with invective (and worse). Starting today, then, we are asking people who'd like to post comments on the site to pay a nominal fee—less a paywall than a gesture of your own commitment to the cause of great conversation. All proceeds go to helping us bring you the ambitious journalism that brought you here in the first place.
I NEED TO BE HEARD! BUT I DONT WANT TO PAY.
Readers can still interact with us free of charge via Facebook, Twitter, and our other social media channels, or write to us at email@example.com. Each week, we’ll select the best letters and publish them in a new letters to the editor feature on the Scroll.
We hope this new largely symbolic measure will help us create a more pleasant and cultivated environment for all of our readers, and, as always, we thank you deeply for your support.