10:49 am June 21, 2010, by Henry Unger
Is there a hidden $9 billion for prosecutors to go after in the Bernie Madoff case?
The New York Post is reporting that Madoff told fellow inmates that he secretly funneled $9 billion in swiped funds to three people before he was caught.
The Post says Madoff told an inmate in the Butner, NC, prison that his partner, Frank DiPascali, knows who the recipients are — and that he suspects DiPascali is using that information to cut a better deal with federal prosecutors.
DiPascali, 52, pleaded guilty last year to 10 felonies in connection with helping Madoff swindle investors out of more than $60 billion 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, the Post reports.
DiPascali remains locked up awaiting sentencing, unable to post a $10 million bond, the Post writes.
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