Tag: Peter Madoff

Peter Madoff pleads guilty in NYC, blaming brother

By LARRY NEUMEISTER and TOM HAYS | Associated Press The younger brother of disgraced financier Bernard Madoff — the loyal No. 2 at an investment firm that fronted a multibillion-dollar Ponzi scheme — pleaded guilty Friday, agreeing to serve 10 years in prison and saying he was “in total shock” […]

Bernie Madoff’s Brother To Plead Guilty

The brother of con man Bernie Madoff will plead guilty Friday morning to conspiracy to commit securities fraud and falsifying records for his alleged role in his brother’s multibillion-dollar Ponzi scheme, prosecutors said Wednesday, and will serve 10 years in federal prison. Peter Madoff, once the chief compliance officer of […]