Madoff Sons, Brother, Niece To Be Sued: Report

NEW YORK (Reuters) - Epic swindler Bernard Madoff's two sons, his brother and a niece will be sued this week for $198 million, the trustee winding down the Madoff firm told CBS News' "60 Minutes" broadcast on Sunday.

  • Madoff Brother, Sons Sued by Trustee for $199 Million
    Bloomberg – Bernard Madoff’s brother, sons and niece were sued by a liquidator over claims they spent $198.7 million of victims’ money and treated the con man’s investment firm as their personal bank. The lawsuit against the brother, Peter Madoff ...
    10/4/2009 - 1:00 pm | View Link
  • 4 Madoff Relatives Sued by Liquidator
    Bernard Madoff's brother, sons and niece were sued by a liquidator over claims they spent $198.7 million of victims' money and treated the con man's investment firm as a "family piggy bank." The lawsuit against brother Peter Madoff, sons Andrew and Mark ...
    10/2/2009 - 1:00 pm | View Link
  • Madoff relatives sued for $199 million
    The trustee, Irving Picard, is suing: Madoff's brother, Peter, who was the investment securities firm's chief compliance officer; two sons, Andrew and Mark, who served as co-directors of trading; and niece, Shana, who was the compliance director.
    10/2/2009 - 10:02 am | View Link
  • Trustee sues Madoff brother, sons, niece for almost $200M
    The trustee, Irving Picard, sought $198.7 million from Madoff’s brother, Peter, who had worked at Madoff’s Manhattan investment company since 1965, and sons, Mark and Andrew. Also sued was Shana D. Madoff, Bernard Madoff’s niece and Peter Madoff’s ...
    10/1/2009 - 9:55 pm | View Link
  • Finally: Madoff's Sons, Brother, Niece Sued For $199 Million
    The lawsuit doesn't accuse sons Andrew and Mark Madoff (co-directors of trading), brother Peter Madoff (chief compliance officer) and niece Shana Madoff (Peter's daughter and compliance counsel) of participating in the scheme; the NY Times reports ...
    10/1/2009 - 6:42 pm | View Link
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