Died in prison. The court appointed Trustee recovered has recovered 14 b thru lawsuits and confiscations and settlements. That’s 75% of the investors principal. Almost unheard of recoveries in a ponzi scheme. Several suicides are tied to the scheme Including madoff son. I could pull off a scheme just with the rubes in the Politics board. Those gullible souls have proven they will believe ANYTHING! Problem is they are broke.
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Edited: Apr 14, 2021
Bernie Madoff dead at 82
Bernie Madoff dead at 82
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i know a guy who lost a couple of million with Madoff, he said he got 80% of it back.
Lol truth. I had family Who had invested in skme fund which had ties to him. And I mean it was someone legit like Wells Fargo elite client services or someone like that. Someone you’d have heard of. The fund I think lost about $16 million. I assume lost it all. The family part of it wasn’t awful. I think it was about 300,000 divided among several people. I wonder whether they ever got some of theirs back. I’d ask but if the answer is no then I’ve opened a scab. And I pleasant. If they did get the money back or some I remind them of their failure or gullibility. these are supposed to be super savvy smart money people in the family.
so I sit here and wonder. Do I ask. Did they get their money back?
can’t say I’m unhappy to hear the guy died. Had a fraternity brother who tried to emulate animal house. Property destruction. Fire extinguishers set off. Golf clubs to walls. Stole the parents club money and snorted it up his nose. Bullied freshmen. Just an a hole. Heard he died a Few years ago and my reaction was “good” sort of the same as when I heard about bernie ..
Hahaha.