silbarsturm

Don't Be Scammed by Madoff Investor Sob Stories

The sophisticated investors knew Madoff wasn't on the level, that the regular, steady returns weren't possible. They thought they were participants in frontrunning ... using Madoff's company to purchase or sell shares ahead of large orders, turning a small and steady profit. Yes, a scam, but they were the scammers. Just desserts for many of them, not all, but many. For the rest, well, never put all your eggs in one basket or you learn the meaning of another cliche; a fool and his money are soon parted.