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Madoff 'victims' do math, realize they profited (AP)

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Ponzi scheme in history. Now, they are confronting the possibility they may have to pay some of it back.

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The issue came to the forefront this week as about 8,000 former Madoff clients began to receive letters inviting them to apply for up to $500,000 in aid from the Securities Investor Protection Corp. Lawyers for investors have been warning clients to do some tough math before they apply for any funds set aside for the victims, and figure out whether they were a winner or loser in the scheme.

Full Story: Madoff 'victims' do math, realize they profited (AP)

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This page contains a single entry by Viraj published on January 9, 2009 8:58 AM.

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