Madoff Family Changing Last Name

"Madoff" isn't a four-letter word, but it might as well be.

The daughter-in-law of the man who cemented the Madoff name in history alongside that of Mr. Ponzi is trying to shed the infamous moniker.

Stephanie Madoff, the wife of Madoff's son Mark, has filed papers asking that her and her children's last names be changed to Morgan in light of the fact that her father-in-law was "recently featured prominently in the news for defrauding numerous investors in his companies."

Petition papers filed on behalf of the children, a 3-year-old named Audrey and a 1-year-old named Nicholas, state that the kids "never been convicted of a crime" and face "additional embarrassment, harassment and endangerment" for being associated with the Madoff name.

Mark Madoff has said he does not object to the name change, though he will be keeping his own.