All Posts Tagged Tag: ‘peter madoff’

Madoff Brother Plea: Peter Will Do Ten Years For Bernie’s Ponzi Scheme

The brother of the infamous Bernie Madoff is about to plead guilty and faces a 10 year prison term in New York for charges of fraud, the Associated Press is reporting. Prosecutors informed the judge Wednesday that he will plead guilty tomorrow (Friday) to conspiracy and falsifying records charges in connection with the multibillion dollar ponzi scheme his brother perpetrated. …

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