NEW YORK (AP) — Peter Madoff was “frankly, not believable” when he claimed he was as surprised as anyone to learn his brother had blown $20 billion of investor money in a massive Ponzi scheme that ...

An emotional Peter Madoff, 66, entered the plea in a deal that permits him to remain free on $5 million bail pending his Oct. 4 sentencing. He agreed not to contest a 10-year prison sentence. "My ...

The brother of convicted swindler Bernard L. Madoff was sentenced to 10 years in jail Thursday for actions prosecutors said helped shield the multibillion-dollar Ponzi scheme, writes The New York ...

NEW YORK (Reuters) - The younger brother of Bernard Madoff will serve 10 years in prison for his role in his brother's Ponzi scheme that stole billions of dollars from investors, a U.S. judge said on ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Bernie Madoff’s brother will spend 10 years ...

NEW YORK AP - Within days of Bernard Madoff's arrest, federal prosecutors trying to unravel his massive Ponzi scheme also moved to freeze the assets of his brother and longtime business partner, a ...

The younger brother of a man who became an icon for financial crime after the economy collapsed in 2008 is poised to plead guilty to criminal charges, taking his place in history alongside Bernard ...

NEW YORK - The brother of Ponzi scheme king Bernard Madoff is scheduled to plead guilty this week to conspiracy in a criminal case resulting from the huge fraud, court papers say. Peter Madoff is the ...

NEW YORK (AP) — Peter Madoff was "frankly, not believable" when he claimed he was as surprised as anyone to learn his brother had blown $20 billion of investor money in a massive Ponzi scheme that ...