Monday, June 29, 2009

Revenge of the Defrauded Widow

U.S.Judge Danny Chin, who today sentenced Bernie Madoff to 150 years in prison, noted that he received no letters from Madoff's family or friends requesting leniency. But he got plenty of other letters:
Chin recounted one letter that strongly affected him. It told the story of a Madoff investor who had died of a heart attack. Madoff, presumably at the man's funeral, put his arm around the widow and said, "Your money is safe." The widow then gave Madoff more money, all of which is gone.

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