Bernie Madoff's Accomplice to Stay Behind Bars For Now, Judge Rules

Oct. 28, 2009— -- Bernie Madoff's right hand man in his massive Ponzi scheme, Frank DiPascali, was sent back to prison today by a federal judge who deferred reconsidering his earlier decision to jail the key Madoff associate while he awaits sentencing.

"His incentive to flee is considerable," Judge Richard Sullivan said of DiPascali at the hearing, which lasted just over an hour.

The revised bail package offered by prosecutors and DiPascali's defense offered a $10 million bond package and $2 million in cash and property, but Sullivan deemed it "inadequate."

He did not say when he would rule on DiPascali's bail.

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