The 1935 Mansion Has Five Bedrooms, Five Bathrooms And More

WESTBURY, N.Y. (CBSNewYork/AP) — The Long Island mansion that once belonged to the brother of Bernard Madoff is on the market for $4.5 million.

Peter Madoff‘s Old Westbury estate has been listed by the U.S. Marshals Service.

The 1935 mansion has five bedrooms, five bathrooms, a tennis court, swimming pool and pool house.

Madoff, who pleaded guilty last year to falsifying documents and lying to regulators as part of his brother’s Ponzi scheme, was sentenced to 10 years in prison in December.

He was ordered to forfeit his family’s assets as part of the plea deal.

The U.S. Marshals Service has already sold Peter Madoff’s Park Avenue apartment for $4.6 million.

The proceeds are going to victims of the Ponzi scheme.

You May Also Be Interested In These Stories:

[display-posts category=”news” wrapper=”ul” posts_per_page=”4″]

(TM and © Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)


Leave a Reply