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Authorities May Claw Back Madoff 'Profits'

Investors who gained from Ponzi scheme may lose too

By Jason Farago, Newser Staff

Posted Dec 19, 2008 6:35 AM CST

(Newser) – While thousands of investors are furious with Bernie Madoff, he did manage to make a few people very rich during the boom years. With handsome if fraudulent returns of 10% to 17%, investors who withdrew even a fraction of their principal may have ended up... Read full story »

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Authorities May Claw Back Madoff 'Profits'

Investors who gained from Ponzi scheme may lose too

fraud • profits • Ponzi scheme • federal authorities • Bernard Madoff

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