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Madoff - Grandest Ponzi's Of All Time - Page 7

Well karma does come around...

A close friend commits suicide and now his son commits suicide. He will now have to live with the realization that both of their deaths weigh pretty heavily on his hands. The basic life-in prison sentence will give him plenty of time for reflection. They always say that it is cruel when you out live you children. I cant imagine out living them and being a main component for why they are dead.

Time Of Ponzis Grandest Madoff

Dear Mr. Ponzi, I mean Mr. Madoff, did you enjoy your Christmas in prison knowing that you have embarrassed yourself, your family and even caused your own son to commit suicide?

Madoff - Grandest Ponzi's Of All Time History & Civil Business Politics

It is a good thing he didn't get life in prison. That Nov 2139 release date has to look like it is just around the corner. It would be convenient to believe that just Bernie was behind of of the swindling, but you just know that there is a little more blame to spread about for this one. Remember, not one stock was purchased. They cannot find one trade that was made with Bernie's fund, but it made ficticious millions.

Page 7 Time Of Ponzis Grandest Madoff

I am surprised he has not killed himself yet because in these sort of cases the person always end up committing suicide specially a rich guy like he was.

Time Of Ponzis Grandest Madoff

USA: Madoff says banks 'had to know' about Ponzi scheme
Local French Business Updates

Bernard Madoff, the mastermind behind one of history's most notorious Ponzi schemes, told the New York Times that banks and hedge funds were complicit in his grandiose plan, and accused them of having turned a blind eye to his activities.
Source: Business news, technology, media and finance reports

Madoff - Grandest Ponzi's Of All Time

Madoff's brother puts NY mansion on the market

Peter Madoff is selling off real estate as he faces a lawsuit by the trustee reclaiming funds for investors in Bernard Madoff's Ponzi scheme. Ref. Source 7

Madoff Grandest Ponzi's Of Time - Page 7

The owners of the New York Mets have reached an agreement to pay $162 million to settle claims related to the Bernard Madoff case.

In the suit against the Mets, attorneys for the court-appointed trustee in the case alleged that team owners Fred Wilpon, Saul Katz and their partners engaged in "willful blindness." That's another way of saying that the Mets knew that Madoff's investment firm was a front for a pyramid-style scam but chose to invest with him anyway

People who invested with Madoff were cheated out of more than $17 billion.

Madoff pleaded guilty in 2009 to running the largest Ponzi scheme in history and was sentenced to 150 years in prison.

The trustee has collected about $9 billion of the money lost to Madoff's scheme, all of which will be returned to the victims. Ref. CNN

Madoff Grandest Ponzi's Of Time Politics Business Civil & History - Page 7

Madoff fraud scandal: 5 years later

Testimony in the trial of five former Madoff employees challenges Madoff's story. Ref. Source 7