Danny Pelosi, Convicted Hamptons Murderer, Claims Wife Wanted 'Revenge' on Multimillionaire Husband

March 7, 2012— -- Danny Pelosi, a New York electrician who was convicted of murdering the multimillionaire former husband of his deceased wife seven years ago, now claims he is ready to tell what really happened the night of the murder as he prepares his appeal.

Investment banker Ted Ammon, 52, was found bludgeoned to death in October 2001 in the East Hampton mansion he once shared with his estranged wife Generosa and their adopted twins. At the time, Generosa Ammon was having an affair with Pelosi, whom she later married. Pelosi, 41, was convicted of second-degree murder in 2004 and is currently serving a prison sentence of 25 years to life.

"The bottom line is, I did not kill Ted Ammon. ... Generosa did not kill Ted Ammon. She had him killed," Pelosi told ABC News anchor Cynthia McFadden in an interview from prison.

Pelosi now says he plans to file an appeal soon, and told McFadden he was ready to tell all: who did it, how and why -- in detail.

Pelosi and Generosa Ammon were married in January 2002. She died of cancer at age 47 in 2003.

"Generosa wanted revenge," he went on. "She wanted revenge because of that baby. ... She went berserk, berserk, out of this world insane. White hatred psycho-killer."

"That baby" refers to the baby Generosa Ammon believed Ted Ammon had secretly fathered with his girlfriend.

Generosa Ammon was jealous and wanted to make Ted pay, Pelosi said, and she wanted to make him reveal where he had hidden millions of dollars in secret assets, or so she believed.

Pelosi, an electrician from Long Island, now claims that before Ted Ammon was killed, Generosa came up to him and his crew while they were renovating her Manhattan townhouse and offered $50,000 to anyone who would beat up her husband.

Several men heard the offer and were interested, Pelosi said.

"I got regular guys working for me. Fifty thousand dollars to go throw somebody a beating? I'm sorry, everybody was interested on the job," Pelosi said.

The man who took the offer was Chris Parrino, Pelosi claims. Parrino is the Pelosi ex-employee who, under pressure from prosecutors, turned state's evidence two years after Danny Pelosi's murder conviction.

Parrino confessed to driving with Pelosi to the East Hampton home the night of the murder and told prosecutors he saw Pelosi exit the house with blood on him and that Pelosi said he'd had a fight with Ted Ammon and "I think he's dead."

In a plea deal that could hurt Pelosi's appeal, Parrino pleaded guilty to hindering the prosecution and was sentenced to six months.

Parrino is the killer, Pelosi said. Through his lawyer, Chris Parrino denies Pelosi's charges.

"You're coming here, Chris," Pelosi said, slamming his hand on the table during the prison interview with McFadden. "I'm making sure you come here."

Pelosi said he volunteered to beat Ammon up himself, saving his girlfriend time and money hiring someone else, but she stopped him, because Pelosi was on probation for a DWI.

"I was going to get a year in jail for smacking this guy in the face. It was guaranteed that he was going to call the cops, and that's why Generosa stopped me," Pelosi said.

Pelosi claims that Chris Parrino met with Generosa Ammon without his knowledge and accepted her offer, Pelosi said.

"'We'll keep this away from Danny, eh?, 'cause Danny's gonna have a s--t fit,'" Pelosi said, imagining what Parrino said to Generosa Ammon. "That's at least self-explanatory, because if you tune up Ted, they're comin' for me."

Pelosi admits he "transferred" the balance of Parrino's payment from Generosa Ammon to Parrino after the attack.

"I'm not innocent in the things that happened after the murder," Pelosi admitted, "and this is why I never told my story."

Now he's telling it, and he said it includes exactly what happened to Ted Ammon the night he died. His knowledge, he says, comes from what Parrino and Generosa Ammon told him afterward and from watching some of it on his laptop, which could access the video security system Pelosi had installed himself.

The Murder of Theodore Ammon: What do the Tapes Show?

"Ted Ammon was dressed when he answered the door and got jacked up against the wall," Pelosi said.

But it wasn't by Chris Parrino, who, according to Pelosi, subcontracted the beating to two men, whom he called "Dumb and Dumber." He didn't know their names, he said.

"They didn't know that there were nine cameras installed in there," Pelosi continued. "They came in, they jacked Ted up. They tuned him up. For an hour they tuned him up. They tuned him up 'til Generosa and Chris got out there."

Pelosi said he saw security-video footage of Generosa and Parrino walking through the house, but nothing having to do with Ted Ammon or his body.

Still, he was certain who killed Ammon and how.

"Ted Ammon was killed by Christopher Parrino," Pelosi said. "He told me it was an accident. He told me he smacked him in the head with a piece and knocked him out, left him there knocked out. He must have bled to death."

But Pelosi claims he later learned that Ammon's death was, in fact, no accident.

"According to the guys there ... Generosa gave the order to finish him," Pelosi said. "Generosa, 'til the day she died, said these three words: 'He got exactly what he deserved, period.'"

Danny Pelosi didn't address the apparent contradiction between his two accounts of Ammon's death – that Parrino killed him by accident and that Generosa Pelosi ordered the killing.

Pelosi says to protect Generosa Ammon, he decided to get rid of the East Hampton home's security recorder.

"I took out that video unit Monday morning," Pelosi said. "Ted was dead for a whole day and a half when I went there."

Pelosi said he drove to a canal in Lindenhurst, Long Island, and threw the unit in.

"If I tell you where it is, go get it. Put a diver in the water," Pelosi said. "I'm told the [memory] drive is sealed just like a black box in an airplane."

To learn what ABC News found in the canal, and to see the full story, watch "Revenge for Real: Murder in the Hamptons," online here.