
NEW YORK, June 29 (Reuters) - The FBI said on Friday it had
arrested Peter Madoff, the younger brother of swindler Bernard Madoff,
who is serving a 150-year prison sentence for his multibillion dollar
Ponzi scheme.
The arrest of Peter Madoff was
expected as he is due in federal court in Manhattan later Friday to
plead guilty to crimes related to his brother's decades-long fraud.
Peter
Madoff was chief compliance officer at Bernard L. Madoff Investment
Securities LLC when his brother was arrested on Dec. 11, 2008. click here to watch the video report