Prosecutors Want Over $30 Million from Madoff Sons

Admitted $50 billion fraudster Bernie Madoff lent his sons, Andrew and Mark, over $30 million since 2004 and the government wants the money to go into the fund to repay Madoff's investors, according to a court filing Tuesday. Prosecutors also want to seize Ruth Madoff's jewelry collection, valued at over $2.6 million. Madoff pled guilty to 11 felony counts Thursday including securities fraud, mail fraud, wire fraud, money laundering, and perjury. He faces a 150 year sentence. But the...Full Story
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