Bernard Madoff Brother Pleads Guilty in Ponzi Case

Reuters – Bernard Madoff’s younger brother pleaded guilty to criminal charges that he helped advance the multibillion-dollar Ponzi scheme, but denied knowing about the epic, decades-long fraud.

With his guilty plea in Manhattan federal court on Friday [June 29], Peter Madoff is the first of Bernard Madoff’s family members to admit criminal wrongdoing at the investment advisory firm.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply