Tables Turn: Madoff Gets Ripped Off

Thieves rip-off investment fraudster

By Nick McMaster, Newser Staff

Posted Dec 28, 2008 7:19 PM CST

(Newser) – In a bit of poetic justice, a thief stole an expensive statue from the Palm Beach estate of Bernard Madoff last week, the New York Post reports. Burglars took a $10,000 copper statue depicting two lifeguards from the fraudster accused of losing $50 billion of investors’ money in a giant Ponzi scheme. The Post also notes Madoff's Montauk Point estate has been hit by severe beach erosion not affecting neighbors.

A building in which Bernard Madoff owns a residence is shown Monday, Dec. 15, 2008, in Palm Beach, Fla. (AP Photo)

This Dec. 17, 2008 file photo shows Bernard Madoff, chairman of Madoff Investment Securities, returning to his Manhattan apartment after making a court appearance in New York. (AP Photo/Jason DeCrow, File)

A home owned by Bernard Madoff is shown Monday, Dec. 15, 2008 in Palm Beach, Fla. (AP Photo)

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Tables Turn: Madoff Gets Ripped Off

Thieves rip-off investment fraudster

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More Newser Stories

Investors Hire Gumshoes to Snoop on Fund Managers

Fraud schemes prove boon to private eyes

Madoff Ruse Exploited Palm Beach's Clubby Ways

Swindler exploited ritzy Palm Beach culture to bilk investors

Madoff Crony Harangued at Tony Fla. Club

Jaffe nearly fights with furious bilked investor at black-tie bash

Trustee Sues Ruth Madoff for $44M

Bankruptcy trustee says fraudster's wife received more than she'll admit to

Jailed Financier Stanford Wants Cell With Better A/C

Alleged fraudster files a motion to move to cushier Houston jail

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Tables Turn: Madoff Gets Ripped Off

Thieves rip-off investment fraudster

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OTHER STORIES ON OUR RADAR

fraud • theft • statue • Ponzi scheme • Palm Beach • investor • defrauding investors • Bernard Madoff

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Investors Hire Gumshoes to Snoop on Fund Managers

Fraud schemes prove boon to private eyes

Madoff Ruse Exploited Palm Beach's Clubby Ways

Swindler exploited ritzy Palm Beach culture to bilk investors

Madoff Crony Harangued at Tony Fla. Club

Jaffe nearly fights with furious bilked investor at black-tie bash

Trustee Sues Ruth Madoff for $44M

Bankruptcy trustee says fraudster's wife received more than she'll admit to

Jailed Financier Stanford Wants Cell With Better A/C

Alleged fraudster files a motion to move to cushier Houston jail

About Us

Site

Newser By Users

Community

Site Maps

Tools

More News

What is Newser?