Madoff's New Home: Cell the Size of Walk-in Closet

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Originally Posted by Trample the Elderly

When I say greedy I mean when something appears to good to be true it usually is. This scheme he was running, from what I've heard, was just that. People within his community and with connections we're all to eager to make huge returns on their investments without doing their homework. Some would say that they were greedy. I say yes but, stealing is stealing. And, not everyone has the time or intelligence to study the market and investments, especially old people. They get advice from people who are supposed to know better. That's why he's a scum bag IMO.

Yea, but he was clever enough to fool the SEC I'm sure he was clever enough to fool the everyday person and from what I read he even fooled people who knew about investing.