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Madoff’s brother target of US probe; UK drops fraud charges

bernard-madoff-pa

NEW YORK – Peter Madoff, brother of incarcerated fraudster Bernard Madoff, is the target of a US criminal investigation by the US Attorney’s Office in New York. His lawyer, Charles Spada, has disclosed he is “a subject” of the investigation, but has not yet been charged. The probe was revealed through court papers for a separate Newark, New Jersey-filed civil case. The civil lawsuit was brought

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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