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NEWS ABOUT: Carl Shapiro

As End Neared, Madoff Shook Down Friends

Desperate for cash, Bernie promoted new funds, begged partners

(Newser) - As his fraudulent fund was sinking, a desperate Bernard Madoff demanded friends and investors pour in more cash, the New York Post reports. Carl Shapiro, the first person to invest with Madoff, got a call, as did his son-in-law, and close Madoff friend Robert Jaffe. Shapiro is reportedly among the... More »

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