Tags: US | Madoff | Scandal | Cooperator

Madoff's Ex-Finance Chief Released On Bail in NYC

Tuesday, 22 Jun 2010 02:24 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

The former finance chief for jailed financier Bernard Madoff has been released on $10 million bail.

Frank DiPascali left federal court in Manhattan on Tuesday without speaking after meeting the terms of a bail package that a judge had set in February.

DiPascali pleaded guilty in August to helping with Madoff's multi-decade Ponzi scheme, which cost thousands of people billions of dollars. Madoff is serving a 150-year prison term.

DiPascali walked in front of his lawyer, Marc Mukasey (myoo-KAY'-zee), as he left the courthouse.

Mukasey has said DiPascali has provided substantial information to the government. He says the information contributed to the arrests of two computer programmers and Madoff's longtime auditor.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Big Labor Millionaires Lead 'Income Equality' Convention

Friday, 19 Sep 2014 11:11 AM

Several of America's wealthiest union bosses spoke at the 2014 Ohio AFL-CIO convention in Cincinnati this week. The even . . .

Pew Poll: Liberals Choose Tolerance Over Faith

Friday, 19 Sep 2014 10:27 AM

Liberals are more likely to teach their children values about tolerance compared to conservatives, who prioritize religi . . .

Convicted Florida Felon Kills His 6 Grandchildren

Friday, 19 Sep 2014 09:55 AM

Authorities say a man who spent time in prison a decade ago for the shooting death of his young son killed six of his gr . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved