Bernard L. Madoff and his Madoff Securities has pulled-off the largest Ponzi scheme in history. He is depicted above taking a stroll yesterday while out on bail.
If you have been the victim of the Madoff fraud you should consult with an attorney immediately. Please feel free to call us at 800-581-1434.
Charles Ponzi stole $15 million from mostly Italian immigrants in the northeast in the 1920’s. That was a record-breaker at the time. Madoff has broken a new record–$50 billion! As Ponzi preyed mostly on his countrymen, Madoff did a good amount of stealing from fellow Jews and Jewish charities. It is interesting how history repeats itself.
If you have invested money with Madoff Securities, then a claim and lawsuit should be filed quickly. You will have to make a claim in the bankruptcy case. Unfortunately, full recovery is unlikely, but you should do whatever is possible to recoup some of your losses.
Again, if you wish to discuss your situation, please call me at 800-581-1434.
Mark E. Seitelman, 12/18/08, www.seitelman.com.