“Anyone who’s ever had any dealings with him is going to be nervous,” the insider said.
Lipsky was busted by the FBI last year as part of what prosecutors called an “extensive investigation” into public corruption.
Days before his arrest, agents executing a search warrant found more than $100,000 stashed in a safe in his apartment, and another $4,000 in “crisp, large denominational bills” stuffed into a suit jacket.
During the raid, he also spoke on the phone to an unidentified “political operative” to spread the word that the feds had closed in, according to court papers.
He pleaded guilty in January to passing as much as $200,000 in bribes to Kruger, then a powerful Democratic Brooklyn state senator who also pleaded guilty to corruption charges and is serving seven years in the slammer.
Lipsky, whose clients included retailers and unions, portrayed himself as a fighter for the “little guy.”
Lipsky was initially scheduled to be sentenced in May, but that proceeding was repeatedly postponed and is now set for Friday.