Madoff Brother Gets 10 Years

New York, N.Y. – Peter Madoff was not believable--he was told during sentencing--when he claimed he was as surprised as anyone to learn his brother had blown $20 billion of investor money.

Peter Madoff was sentenced to ten years Thursday for is involvement in a multi-billion dollar Ponzi scheme.

He pleaded guilty to charges of conspiracy and falsifying books and records.

His brother Bernie is already serving a 150-year prison term for the massive Ponzi scheme that lasted decades.

The disbelief was a recurring theme at the sentencing proceeding Thursday for the 67-year-old former Chief Compliance Officer before U.S. District Judge Laura Taylor Swain in Manhattan.