Stolen Statue with Note Returned to Madoff
A $10,000 bronze statue of two lifeguards was stolen from Bernard Madoff‘s, a.k.a. Bernie Madeoff’s, $10 million Palm Beach mansion. The theft was reported by the housekeeper. The police were called and a report was made, however, no possible suspects. Ironically, some days later, the statue was returned undamaged with a note attached that said: “Bernie the Swindler, Lesson: Return stolen property to rightful owners, Signed by the Educators”. In addition, the statue was left just a few blocks from where it had been stolen. Who would go through all the trouble of steeling the statue and returning it back to its criminal owner? Bernie Madeoff, naturally, must have thousands of enemies. Who are the educators and what are the chances of this man return what he stole?
There is a German movie called “The Edukators”, that is about three anti-capitalists activist living in Berlin. Two of the anti-capitalists would break into homes of wealthy people, move their furniture around, and leave strange notes. These notes would read: “the days of plenty are over” or “you have too much money”. The individual or individuals involved with this heist are obviously trying to send “Madeoff” a message. In order to somewhat atone himself, Madeoff needs to return everything that he has stolen. I believe that victims have sent Madeoff a strong message before the deadline when he is supposed to list all of his assets.
The next dilemma that we need to ponder is weather or not Madoff will honestly disclose his assets. It is now common knowledge that he has a $5 million Manhattan apartment, a yacht or two, a $10 million home in Palm Beach, a $10,000 statue and a list of other things that he will probably never disclose. Madoff is a shrewd thief that covered his tracks. He must have many overseas accounts and assets held in hidden bank accounts. He also supposedly gave several hundred million dollars to family members and friends prior to having turned himself into the SEC. It would not surprise me that he has also made deals with other people to hide money for him. Everyone agrees that $50 billion does not just evaporate into thin air. Madeoff must have millions or billions of dollars hidden all over the world. It will be interesting to find out how much he discloses.
Madoff has caused incredible grief for thousands of unsuspecting victims. He was the epitome of the “smooth operator”. He was able to scam supposed sophisticated investors and even economists. This man’s life has revolved around scamming people for many years. He even went undetected by the supposed Wall Street police otherwise known as the Securities and Exchange Commission. I strongly believe that “Madeoff” will not tell the truth in regards to all his assets. This man has more than likely made deals with other people or foreign bankers to hide his assets off shore. Madoff has lived the highlife for the last thirty years of his life. A jail cell will be a fry cry from his Manhattan $5 million apartment. “Madeoff” deserves to spend the rest of his life in jail. How long he goes will be determined by our judicial system. It will take years to unravel the financial turmoil that this individual has created. Only time will tell if “Madeoff” discloses all his money. In all, “Madeoff” will be known for ever more known as “the grinch” who stole a lot more than just Christmas.
A $10,000 bronze statue of two lifeguards was stolen from Bernard Madoff‘s, a.k.a. Bernie Madeoff’s, $10 million Palm Beach mansion. The theft was reported by the housekeeper. The police were called and a report was made, however, no possible suspects. Ironically, some days later, the statue was returned undamaged with a note attached that said: “Bernie the Swindler, Lesson: Return stolen property to rightful owners, Signed by the Educators”. In addition, the statue was left just a few blocks from where it had been stolen. Who would go through all the trouble of steeling the statue and returning it back to its criminal owner? Bernie Madeoff, naturally, must have thousands of enemies. Who are the educators and what are the chances of this man return what he stole?
There is a German movie called “The Edukators”, that is about three anti-capitalists activist living in Berlin. Two of the anti-capitalists would break into homes of wealthy people, move their furniture around, and leave strange notes. These notes would read: “the days of plenty are over” or “you have too much money”. The individual or individuals involved with this heist are obviously trying to send “Madeoff” a message. In order to somewhat atone himself, Madeoff needs to return everything that he has stolen. I believe that victims have sent Madeoff a strong message before the deadline when he is supposed to list all of his assets.
The next dilemma that we need to ponder is weather or not Madoff will honestly disclose his assets. It is now common knowledge that he has a $5 million Manhattan apartment, a yacht or two, a $10 million home in Palm Beach, a $10,000 statue and a list of other things that he will probably never disclose. Madoff is a shrewd thief that covered his tracks. He must have many overseas accounts and assets held in hidden bank accounts. He also supposedly gave several hundred million dollars to family members and friends prior to having turned himself into the SEC. It would not surprise me that he has also made deals with other people to hide money for him. Everyone agrees that $50 billion does not just evaporate into thin air. Madeoff must have millions or billions of dollars hidden all over the world. It will be interesting to find out how much he discloses.
Madoff has caused incredible grief for thousands of unsuspecting victims. He was the epitome of the “smooth operator”. He was able to scam supposed sophisticated investors and even economists. This man’s life has revolved around scamming people for many years. He even went undetected by the supposed Wall Street police otherwise known as the Securities and Exchange Commission. I strongly believe that “Madeoff” will not tell the truth in regards to all his assets. This man has more than likely made deals with other people or foreign bankers to hide his assets off shore. Madoff has lived the highlife for the last thirty years of his life. A jail cell will be a fry cry from his Manhattan $5 million apartment. “Madeoff” deserves to spend the rest of his life in jail. How long he goes will be determined by our judicial system. It will take years to unravel the financial turmoil that this individual has created. Only time will tell if “Madeoff” discloses all his money. In all, “Madeoff” will be known for ever more known as “the grinch” who stole a lot more than just Christmas.
Labels: Bernad Madeoff, Bernad Madoff, Bernard L. Madeoff, Bernard L. Madoff, Bernie Madoff
Credit Card / Financial news blog post by Todd Holliday at 7:00 PM 