Madoff trustee alleges Madoff sons knew of father’s fraud

Bernard Madoff’s sons, Mark and Andrew, always claimed they knew nothing about their father’s epic Ponzi scheme—after all, they turned their father in after he confessed in December 2008. But a new lawsuit by the court-appointed trustee rounding up funds for investors alleges the sons knew far more than they have ever admitted. Only Andrew, 46, survives. His older brother Mark committed suicide in 2012. The complaint by trustee Irving Picard is the latest version of a $150 million lawsuit alleging the brothers knew full well what their father was up to. More on CNBC here.