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Tag: Barnard Madoff

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  • Peter Madoff taken into custody by FBI

    June 29, 2012 | 12:24 pm

    Peter Madoff, the younger brother of jailed Ponzi scheme operator Bernard Madoff, has been taken into custody by the FBI.

    Peter Madoff, 66, surrendered himself Friday morning at his lawyer’s office in midtown Manhattan ahead of an expected guilty plea to criminal charges related...

  • Judge approves $7.2-billion Madoff settlement

    By JewishJournal.com

    January 13, 2011 | 12:28 pm

    The largest settlement to date in the Bernard Madoff multi-billion dollar Ponzi scandal has been approved by a U.S. judge today, the Los Angeles Times reports.

    A U.S. judge approved a $7.2 billion settlement on Thursday to pay former customers of the Madoff firm, the largest yet in...