Fraud, Sentencing | featured news

(Image from article: "Madoff will not appeal 150-year sentence: lawyer")

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DealBook: Ex-Peregrine Chief Sentenced to 50 Years in Prison

A prominent futures-industry executive, Russell Wasendorf Sr., was sentenced to 50 years in prison on Thursday for embezzling from his clients and defrauding banks over nearly two decades.

Bernard Madoff's Brother Gets 10-Year Sentence

The brother of imprisoned financier Bernard Madoff was sentenced Thursday to 10 years in prison for crimes committed in the shadow of his notorious sibling by a judge who said she disbelieved his claims that he did not know about the epic fraud.

Madoff will not appeal 150-year sentence: lawyer

Arch swindler Bernard Madoff will not appeal the 150-year prison sentence he received for masterminding a global multibillion-dollar investment fraud, his main lawyer said on Thursday.

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