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Madoff Gets 150 Years

86
avanti6/29/2009 9:43:10 am PDT

re: #17 Dianna

It was a ponzi scheme, which meant that a lot of it ran around in circles until it all went smash.

A lot of people invested say a million, took out over that, but lost another million on paper. The court will try to take some money back from some investors that made false profit money and pulled it out.