Here is a fascinating story by Jake Bernstein of ProPublica.org about Madoff “victim” Jeffrey Picower. “Between December 1995 and December 2008, Picower and his family withdrew from their various Madoff accounts $5.1 billion more than they invested with the self-confessed swindler, according to a lawsuit filed by the trustee who is trying to recover money for those Madoff defrauded.” This is investigative reporting at its best.
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