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Remember Bernie Madoff? Yep, he is safely ensconced in a luxury prison for the rest of his life or 150 years – which ever comes first. How about Ruth….the wife? Alive and living safely sequestered somewhere in Florida. How about his kids? One committed suicide? How about the brother Peter? Oh,take a peek at page B6 Business Section of the LA Times today.
Peter has pleaded guilty to two counts of (1) Committing Security Fraud and (2) Falsifying multiple records and legal documents. Peter is taking a 10 year prison sentence and having to make restitution of $143 Billion dollars! Was this a misprint? $143 Billion dollars is listed twice – no less. Peter is giving up all his personal property and the amount that had flowed through the Bernie Madoff Ponzi Scheme.
For those who forget…..Petey….was the famous dog in the Our Gang Comedies of the 30′s. He had a big black circle around his left eye. We loved Petey….cause he was always getting into to trouble and always getting Spanky or Darla or Stymie out of tough situations.
Good luck Petey Madoff……..Hopefully that $143 Billion dollar restitution number was right. It was probably $143 Million….but even so…..maybe some of the folks that got scammed will get a few bucks back.