Bernie Madoff’s brother, co-conspirator Peter Madoff released from federal custody


Peter Madoff in 2002.

Getty Images

The younger brother of infamous financier and Ponzi swindler Bernard Madoff was released from federal custody on Thursday after serving about nine years of a 10-year sentence.

The Federal Bureau of Prisons confirmed in an email that Peter Madoff was released from home confinement on Aug. 13 after being transferred from the Federal Correctional Institution, Miami on Nov. 19, 2019.

A lawyer by training and Bernie Madoff’s former compliance director, Peter Madoff in 2012 pleaded guilty to one count of falsifying records and one count of conspiracy to commit securities fraud.

Those crimes helped Bernie Madoff swindle investors out of billions of dollars in one…


President Trump orders ByteDance to divest from its U.S. TikTok business within 90 days

Previous article

Weekend reads: Following Tesla and Apple, more stock splits are coming and they can help you make money

Next article

You may also like

Leave a Reply

Notify of

More in Finance