Bernard Madoff's Brother To Plead Guilty, U.s. Says

(Reuters) - Peter Madoff, the brother of imprisoned swindler Bernard Madoff, is expected to plead guilty to criminal charges on Friday, the first family member to do so since the Ponzi schemer's fraud was uncovered in December 2008.

Sections:  news   u.s.   business   
RELATED ARTICLES
  • Lautenberg charity, others lose bid to revive Madoff claims
    A federal appeals court rejected a bid by former Bernard Madoff investors, including a charitable foundation for New Jersey Senator Frank Lautenberg, to pursue claims against family members of the imprisoned swindler. More
  • DealBook: Ex-Peregrine Chief Sentenced to 50 Years in PrisonDealBook: Ex-Peregrine Chief Sentenced to 50 Years in Prison
    A prominent futures-industry executive, Russell Wasendorf Sr., was sentenced to 50 years in prison on Thursday for embezzling from his clients and defrauding banks over nearly two decades. More
  • Son of Peregrine CEO Says Fraud Devastating
    The son of the disgraced chief of Peregrine Financial said he has been personally and financially devastated by his father's fraud, which brought down the firm and left investors facing tens of millions of dollars in losses. More
  • Ex-Stanford executive gets 5 years in $7B swindle
    The star prosecution witness in the trial of convicted Texas financier R. Allen Stanford was sentenced Tuesday to five years in prison for helping to bilk investors out of more than $7 billion in one of the biggest Ponzi schemes in U.S. More
  • Bernard Madoff's Brother Gets 10-Year Sentence
    The brother of imprisoned financier Bernard Madoff was sentenced Thursday to 10 years in prison for crimes committed in the shadow of his notorious sibling by a judge who said she disbelieved his claims that he did not know about the epic fraud. More
BING NEWS:
  • Bernard Madoff's brother Peter to plead guilty to fraud charges
    Peter Madoff, former chief compliance officer of the convicted fraudster's firm is expected to enter his plea on Friday and agree to serve 10 years in prison. The letter, signed by a federal judge in Manhattan, also said Mr Madoff had agreed to a criminal ...
    06/28/2012 - 10:11 am | View Link
  • Bernard Madoff's brother to plead guilty, court says
    NEW YORK – The brother of Ponzi scheme king Bernard Madoff will plead guilty on Friday to conspiracy and falsifying records, admitting his role in the multibillion-dollar fraud that destroyed the savings of thousands of investors, prosecutors told a ...
    06/28/2012 - 12:01 am | View Link
  • Bernard Madoff's brother Peter to plead guilty to fraud charges
    BERNARD Madoff's brother Peter will plead guilty on Friday to conspiracy and falsifying records, admitting his role in the multi-billion dollar fraud that destroyed the savings of thousands of investors, according to court papers filed on Wednesday.
    06/27/2012 - 11:45 pm | View Link
  • US prosecutors: Bernard Madoff's brother to plead guilty in fraud
    NEW YORK (AP) — Plans for the brother of jailed financier Bernard Madoff to plead guilty and serve 10 years in prison raise fresh questions about the status of the investigation into the epic multibillion dollar fraud and whether other family members ...
    06/27/2012 - 9:48 pm | View Link
  • Bernard Madoff’s brother to plead guilty to fraud
    NEW YORK — The brother of Ponzi scheme king Bernard Madoff will plead guilty Friday to conspiracy and falsifying records, admitting his role in the multibillion-dollar fraud that destroyed the savings of thousands of investors, prosecutors told a judge ...
    06/27/2012 - 4:45 pm | View Link
  • More
BING SEARCH:
  • TODAY Video
    Watch the latest TODAY video at TODAY.com ... trending 1:12 Now Playing Sponsored Content See the emotional moments when Michael Phelps, Usain Bolt won in Rio
    08/22/2016 - 1:35 am | View Website
  • Madoff investment scandal
    The Madoff investment scandal was a major case of stock and securities fraud which was discovered in late 2008. In December of that year, Bernard Madoff, the former ...
    08/20/2016 - 7:03 pm | View Website
  • Nick Divito
    (CN) — Precedent that lets federal courts expunge arrest records cannot be used to expunge the fraud conviction of a woman now unable to find work, the Second ...
    08/20/2016 - 2:45 pm | View Website
  • Bob Jensen's Threads on Rotten to the Core
    Question Where were (are) the lawyers in the recent corporate governance and investment scandals? Report of the Task Force on the Lawyer's Role in Corporate ...
    08/19/2016 - 4:41 pm | View Website
  • Bernard Madoff
    Madoff's attorney asked the judge to recommend that the Federal Bureau of Prisons place Madoff in the Federal Correctional Institution, Otisville, which is located 70 ...
    08/19/2016 - 3:22 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News