Bernard Madoff’s former finance chief contradicted himself in testimony about when he learned of his boss’s use of fake trades, casting possible doubt on the government’s key witness in the trial of five ex-Madoff workers. Frank DiPascali, who said he was Madoff’s “right-hand man” in the con man’s defunct investment-advisory business, said today in Manhattan federal court that he learned of the scheme to trick customers by 1992 instead of in the early 1970s — the time-frame he gave in testimony last month. Today is DiPascali’s 16th day under questioning on the stand. More on Bloomberg here.
