Bernie Madoff's right-hand man, Frank DiPascali, will joining his former boss behind bars in the near future. The former chief financial officer of Madoff's investment firm, DiPascali pleaded guilty this afternoon to all the counts against him, including securities fraud, falsifying records and international money laundering, as part of a deal with prosecutors. "Mr. DiPascali said at the plea hearing that the transactions were "all fake. It was all fictitious. It was wrong, and I knew it was wrong at the time." [WSJ]
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