NEW YORK, Dec 20 (Reuters) - Peter Madoff will serve 10 y ears in prison for his role in his older brother's multibillion-dollar Ponzi scheme, a U.
Three years to the day his older brother was sentenced to 150 years in prison, Peter Madoff pleaded guilty to two charges linked to Bernie Madoff's 65 billion dollars Ponzi scheme.
The Great Peter Madoff Real Estate Sell Off | Variety
Madoff, son of Bernard L. Madoff, admitted of having no knowledge that his father and brother were orchestrating the largest Ponzi scheme in history.
Bernie Madoff Victim Calls Losing Her Money 'A Blessing'
With Peter Madoff due to go to prison for ten years for fraud, his family have put his $4 million New York apartment up for sale for $100,000 less than they paid for it.
There have been more than a few homes belonging to persons named Madoff that have hit the NYC market in the past few years.