Peter Madoff Pleads Guilty to Role in Ponzi Scheme; Blames Infamous Brother

(NEW YORK) — The younger brother of disgraced financier Bernard Madoff — the loyal No. 2 at an investment firm that fronted a multibillion-dollar Ponzi scheme — pleaded guilty Friday, agreeing to serve 10 years in prison and saying he was “in total shock” when he learned of the fraud. Peter Madoff, 66, entered the […]

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