U.S. Marshals will seize Peter Madoff’s L.I. estate this month, unless a buyer is found

For those looking to buy the Old Westbury, L.I. manse of Peter Madoff — brother of Bernie — the deadline is January 29. The New York Post reported that on that date, U.S. Marshals will take possession of the five-bedroom property, which is currently on the market with a $4.99 million asking price. Madoff, the younger brother of Ponzi schemer Bernie Madoff, was sentenced to10 years in prison for his role in his brother’s multibillion-dollar [more]