Posted on 24 August 2009
Tags: bernard madoff, cancer, dying, fraud, law, legal, madoff, ponzi, ponzi scheme, prison
So today reports are surfacing that Bernard Madoff, the perpetrator of the largest Ponzi scheme in history, is dying of cancer in a North Carolina Federal Prison.
The 71-year-old is reportedly taking 20 pills a day to treat his cancer and has told other inmates that he does not have long to live.
“Lawyers for Madoff have not yet responded to the reports, although they earlier declined to respond to questions on the matter when speculation arose earlier this year that he was suffering from pancreatic cancer. His wife, Ruth, has also declined to answer questions regarding the matter.”
“Madoff is currently serving a 150-year sentence in Butner, N.C., for swindling $65 billion from thousands of investors. He pleaded guilty to 11 felony charges in March and was sentenced in June.”
It is not been stated what from of cancer Madoff is suffering from, but there have been reports that he has been attending “Native American religious purification ceremonies” that use heat rocks and ceremonial pipes.
“Madoff is also being recruited by various prison “gangs,” and some prisoners have been cooking him sandwiches in their cells.”
Check out the original article: Bernard Madoff Apparently Dying Of Cancer
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Posted on 22 January 2009
Tags: bernard madoff, fraud, ponzi, Zsa Zsa Gabor
The legendary actress is supposedly facing financial ruin after “investing” with the fraudster Bernard Madoff. She was one of many stars affected by the scandal. Madoff allegedly siphoned billions of dollars from her and other big Hollywood names.
“Gabor, 91, and her ninth husband, Prince Frederic von Anhalt, have revealed Madoff’s scam has also cost them millions.”
“Von Anhalt tells the National Enquirer, “We’re mad… We want our money back. We might be forced to sell our Bel Air home, cars, artwork and even our jewelery because of this sick man.”
I feel bad for them, but at the same time, I’m sure there are people who are a lot less wealthy that invested their hard earned money trying to make a buck or two. I can only imagine the stuff that they are going through. It would be hard to sell your vacation house, and your priceless artwork, and your extra cars but imagine if you had to sell your only house and car…
“I feel really bad, because Zsa Zsa shouldn’t have to worry about the financial mess I’ve gotten us into. We are taking legal action to recoup some of the money. I’m going to have to make back that money somehow, or we’re going to face financial ruin.”
Kevin Bacon, Steven Spielberg, and other notable celebrities were among those affected by the fraudster as well.
To check out the original article, click here
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