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Bernard and Peter Madoff – double trouble?

When former financier Bernard Madoff was arrested last month and accused of swindling clients out of $50 billion, he insisted his family members were in the dark, even though some of them held key positions in his investment firm. But now, a CBS News investigation by Chief Investigative Correspondent Armen Keteyian has uncovered evidence that raises questions about what Madoff’s family knew – and when they knew it. In Palm...

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Ex-Madoff Worker Fights $58,000 Bill for Boss’s Car

A former employee of accused Ponzi scheme mastermind Bernard Madoff’s investment firm asked a judge to keep him from being stuck with a bill for more than $58,000 for a 2009 Mercedes S500-4 once used by his ex-boss. Craig Kugel, who worked at Bernard L. Madoff Investment Securities LLC, signed a lease for the car on Oct. 31 at Rallye Motors in Roslyn, New York. In court papers filed yesterday in U.S. Bankruptcy Court in Manhattan,...

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