by Justin Knapp | Mar 16, 2009 | Fleeced
One problem that is yet to be solved in this case is restitution to those investors who lost a lot. In reality there are people who made a lot of money with Madoff, taking out more money than they put in. Should they have to payback those funds? "What if they...
by Justin Knapp | Jan 26, 2009 | Fleeced
Zsa Zsa Gabor, a former actress, is reported to have lost more than $7M in the Madoff Ponzi scheme. Gabor is the newest addition of Hollywood stars to be engulfed by the case. Others include: "A foundation run by the Oscar-winning film director Steven Spielberg,...
by Justin Knapp | Dec 24, 2008 | Fleeced
The nytimes.com article overviews Walter Noel, one of the investors in Madoff's Ponzi scheme.An excerpt from the article:People in the industry continue to question Fairfield’s due diligence. Michael Markov, a hedge fund consultant, said that he was hired by a...