Categories

NY defense: Peter Madoff will be ‘jobless pariah’

NEW YORK — The brother of imprisoned Wall Street financier Bernard Madoff will be left penniless and spend his remaining days as a “jobless pariah” in or out of prison, a defense lawyer said in court papers filed publically Monday. Attorney John Wing made the observations in a sentencing memorandum released three days before Peter Madoff is to be sentenced in Manhattan for his role in a fraud that cheated thousands of people out of $20 billion. Peter Madoff had pleaded guilty to conspiracy and falsifying books and records of an investment adviser. More in the Wall Street Journal here.

Share This Page:
  • email
  • Facebook
  • Twitter
  • LinkedIn