Madoff Kin Face $198 Million Lawsuit

Despite predictions to the contrary, no members of arch-fraudster Bernard Madoff’s family have been criminally charged in connection with his $65 billion Ponzi scheme. But that isn’t keeping the court-appointed trustee in the case from going after their alleged share of Madoff’s ill-gotten gains, even if it means “bankrupting them.”

Irving Picard and his deputy, David Sheehan, said they would sue Madoff’s two sons, brother and niece this week in a "60 Minutes" interview yesterday.