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There’s More Than AIG to Be Outraged Over; Madoff Wants to Keep His $62 Million

Well, if this doesn’t take some nerve: After ripping off billions of dollars of other people’s money, disgraced Ponzi-schemer Bernard Madoff wants to hang on to

Jul 31, 2020
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Well, if this doesn’t take some nerve: After ripping off billions of dollars of other people’s money, disgraced Ponzi-schemer Bernard Madoff wants to hang on to his $7 million penthouse and his $62 million in cash, New York’s CBS affiliatesays:
Court papers filed on Monday state that Madoff and his lawyer say the Manhattan penthouse and the millions held in accounts of Madoff’s wife, Ruth, are not subject to seizure. The court papers say Madoff claims the apartment and the money are unrelated to a $50 billion fraud Madoff has been accused of carrying out.
Wait until Federal Reserve Chairman Ben Bernanke, who lashed out at AIG today, hears about this one.
Paolo Reyna

Paolo Reyna

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Paolo Reyna is a writer and storyteller with a wide range of interests. He graduated from New York University with a Bachelor of Arts in Journalism and Media Studies. Paolo enjoys writing about celebrity culture, gaming, visual arts, and events. He has a keen eye for trends in popular culture and an enthusiasm for exploring new ideas. Paolo's writing aims to inform and entertain while providing fresh perspectives on the topics that interest him most. In his free time, he loves to travel, watch films, read books, and socialize with friends.
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