COURT: SOUTHERN DISTRICT OF NEW YORK
AGE: 48
CONFIRMED: JUNE 2007
APPOINTED BY: BUSH
Judge Richard Sullivan took a tough stand when it came time to set bail for Bernie Madoff’s right-hand man at an August 2009 hearing. Frank DiPascali had pled guilty to 10 charges, including aiding and abetting, conspiracy, money laundering, perjury, income tax evasion, and several counts of fraud. But he had also cooperated extensively with prosecutors, who recommended that DiPascali be released on $2.5 million bail until his sentencing. Sullivan, however, said no. “In light of the fact for decades that he made false statements to people that entrusted him with their life savings, I am not going to trust him with his life savings,” the judge explained. “I am just hoping he shows up to court.” DiPascali (who at press time had yet to be sentenced) spent almost a year in jail before Sullivan agreed to free him on $10 million bail.
