Peter Madoff Charged With Fraud By The SEC

06/29/2012 02:28 pm ET | Updated Aug 29, 2012

WASHINGTON, June 29 (Reuters) - The U.S. Securities and Exchange Commission charged Bernard Madoff's younger brother Peter Madoff on Friday with fraud, making false statements to regulators and falsifying books and records.

Earlier on Friday, Peter Madoff pleaded guilty to criminal charges that he helped advance Bernard Madoff's multibillion-dollar Ponzi scheme but denied knowing about the epic, decades-long fraud.

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