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Madoff’s younger brother sentenced to 10 years for role in Ponzi scheme

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 Thursday.

Peter Madoff taken into custody by FBI

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

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