Bernie Madoff's Brother Selling $6.5 Million Home for Charity

As perhaps a bit of penance from a man with the most unfortunate surname since bin Laden, Peter Madoff, the notorious Ponzi schemer's brother, is selling his $6.5 million New York mansion for charity. All of the proceeds will reportedly be given to victims of Bernie Madoff's multi-billion dollar Ponzi scheme. How will the gesture be received by the thousands of families left in financial ruin in the wake of the scandal? Only time will tell. For now, our sister site ShelterPop has photos of the listing.

View the full story at ShelterPop.

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