And it’ll take $6 billion, in non-consecutive, unmarked bills to make this allegation go away. Read more »
According to the SEC that may have been the case for the two gals arrested today (JoAnn Crupi and Annette Bongiorno) in connection with the scam, who apparently did more than just schedule hand job appointments. Read more »
And now its yours to buy, along with his used sheets, Jimmy Buffett CD’s and more. Read more »
CNBC’s Scott Cohn seems to suggest the Ponz Master is allowed nada. No conjugal visits.
Madoff receives regular visits from his wife, Ruth, who was also his high school sweetheart, according to a source. But these are hardly romantic encounters. The inmates and their visitors are all brought into a single, lounge-like room, where they can sit and talk, under the watchful eyes—and ears—of prison guards. While there are no walls or partitions separating the inmates from their visitors, physical contact is tightly restricted.
When Bernie Madoff confessed to his $50 billion Ponzi scheme, he didn’t just ruin his own life– he took his wife Ruth’s down with him. Though she has never faced charges and will never go to jail for it, Ruth Madoff has paid dearly for her husband’s decision to run a pretty sizable scam and then go public with it. As his fake returns financed the couple’s Manhattan penthouse, Montauk home, yacht and every other spot Ruth might go to max and relax and forget about all this, those were seized by the government, as was more spending money than she would’ve cared to part with. I don’t want to go too much into it, as the wound is not yet healed, so I’ll just remind you this woman was only given something like $2.5 million to get by. But worse than straddling the poverty line has been the blow to Ruth Madoff’s reputation. The woman can’t buy cheese without people mentioning that, her colorist won’t speak to her let alone give her that buttery blonde that needs to be maintained every 6 weeks, and even Ivan Boesky’s ex, who knows from the taint associated with banging white collar criminals, has been told to stay away. Basically, the woman is a leper. But she’s hoping that perhaps after hearing what she’s been up to, you’ll change your tune on ole Ruth Madoff. Read more »
A prison pal of Bernie Madoff’s was recently interviewed re: the Ponz Master. At one point, the inmate casually mentions that Berns hid about $9 billion to three “personal friends” before he turned himself in, but the unnamed source who must be credible spends the majority of the time drilling down to what’s going on up top, in that big ole dome piece of Madoff’s. Apparently, there are some things that upset him. The fact that his sons, Andy and Mark “You’re not our real father” Madoff haven’t spoken to him in almost two years isn’t one of them. I mean, sure, he wishes they did but it doesn’t plague him. He figures they’ll get over being mad at daddy soon enough. What does upset him are two slightly more serious issues. Read more »
All statements were communicated via his friends on the inside, for a recent New York article on how life’s been going in the big house.
1. “Fuck my victims” (Berns is of the opinion they’re a bunch of ingrates who he “…carried for twenty years, and now I’m doing 150 years.”) Read more »