Madoff Cohort Ready To Sing?

(AP Photo/Louis Lanzano)

A Fortune magazine investigation reveals that former Madoff deputy Frank DiPascali is trying to work out a plea deal with federal prosecutors which goes something like this: give me a reduced sentence and I'll tell you everything about the $65 million Ponzi scheme.

The articles authors write:

"The emergence of this potential star witness may well stand assumptions about the case on their heads: Some people widely assumed by the public to have been involved in the fraud may not have been, and a small group of Madoff investors who appeared to be innocent victims may not have been entirely innocent after all. But then, few things about the life of Bernie Madoff turn out to be as they seem."