Tags: ponzi | madoff | victims

Showing No Remorse, Madoff Reportedly Says: 'F**k My Victims'

Monday, 07 Jun 2010 08:58 AM

Imprisoned Ponzi schemer Bernie Madoff has no compassion for those he robbed of billions with his dishonest financial schemes.

“F--k my victims,” Madoff is said to have responded to a fellow inmate who criticized him for stealing from old ladies. “I carried them for 20 years, and now I’m doing 150 years,” New York magazine reports.

Another former convict told the magazine that Madoff once said he could spin a globe, put his finger anywhere on it, "and chances are he had a house there or he'd been there."

Madoff — now also known as Inmate No. 61727-054 — now earns 14 cents an hour sweeping floors in a federal penitentiary.

His colleagues, lawyers and inmates say Madoff appears content. His cellblock is known as "Camp Fluffy," and prisoners have use of a gym, library, pool tables and a sweat lodge. There are no bars on the windows.

Yet another prisoner recalled watching a "60 Minutes" segment about Madoff with Madoff, and remarking, admiringly, that he'd bilked his clients for millions.

Madoff corrected him: "No, billions."

His huge investor thefts causes inmates to view him as legendary. "If I'd lived that well for 70 years, I wouldn't care that I ended up in prison," one said.

Such adulation isn’t going to Madoff’s head. He refuses to give his fellow inmates autographs because he fears they'll wind up on eBay. He doesn't believe it's fair that others should make money off him.

He is, however, happy to give business advice to other criminals who see themselves as entrepreneurs.

Madoff may not have been the only person to profit from the largest Ponzi scheme in history, according to a report published by ProPublica.

The report, based largely on circumstantial evidence, explored the possibility that a small coterie of men took part in the scheme and that some may have profited even more than Madoff did.

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Imprisoned Ponzi schemer Bernie Madoff has no compassion for those he robbed of billions with his dishonest financial schemes. F--k my victims, Madoff is said to have responded to a fellow inmate who criticized him for stealing from old ladies. I carried them for 20...
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2010-58-07
Monday, 07 Jun 2010 08:58 AM
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