Feds Targeting Bernie Madoff’s Brother, Sons, for Tax Fraud

February 12th, 2010 admin

It’s been one of the last remaining big questions looming over the Bernie Madoff situation: Would prosecutors go after Madoff’s closest kin? Last summer, prosecutors essentially made clear they wouldn’t go after Bernie’s wife, Ruth. But that’s not the case in regard to his brother, Peter, or his sons, Mark and Andrew. The WSJ’s Amir Efrati on Friday reports that federal prosecutors in Manhattan are tax-fraud pursuing cases against Bernard Madoff’s brother and sons. Click here for Efrati’s story. His brother, Peter Madoff (pictured), was the chief compliance officer of Bernard L. Madoff Investment Securities. Sons Mark and Andrew Madoff helped run the firm’s market-making division, which was separate from the investment arm where Bernard Madoff perpetrated …


Originally posted on WSJ

 
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