Former Madoff Chief Financial Officer Frank DePascali

Former Madoff Chief Financial Officer Frank DePascali

Louis Lanzano/Bloomberg

Frank DePascali, former chief financial officer of Bernard L. Madoff Investment Securities LLC, exits federal court in New York. DiPascali is the highest-ranking former Madoff executive to testify in the first criminal trial stemming from the scheme, which was exposed after Madoff’s arrest by federal authorities at his Manhattan apartment on Dec. 11, 2008.