Ponzi king Bernard Madoff is telling fellow jailbirds that he secretly funneled $9 billion in swiped funds to three people before he was nabbed, an inmate told The Post.
Madoff says 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, according to the inmate at the medium-security prison in Butner, NC.
"I think it was personal friends," the inmate said of the recipients of the mega-bucks.
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 -- who argued strenuously for his release from jail pending sentencing despite a judge's initial reluctance to grant bail.
DiPascali remains locked up awaiting sentencing, unable to post a $10 million bond.
DiPascali's lawyer, Marc Mukasey, did not return a call seeking comment.
Monday, June 21, 2010
Maybe He Gave it to Some Democrats
Considering how much money Bernie Madoff lavished upon Democrats, and Chuckie Schumer in particular, if there is a stash of money out there maybe investigators ought to go quiz those greedy Democrats.