Bernie Madoff

Hair salon bans Madoff’s wife for fear of upsetting ‘scammed’ clientele

 Hair salon bans Madoff’s wife for fear of upsetting ‘scammed’ clienteleNew York, April 14 : Bernie Madoff's wife could not get her hair coloured at a local New York salon, courtesy her husband's largest investor fraud which has left her facing a ban from entering the beauty premises.

Ruth was prohibited from stepping into Pierre Michel Salon since her presence reminded some customers of Madoff's Ponzi scheme which had taken their husbands for a ride.

Ponzi King Madoff said to have cheated on his wife many times

Bernie MadoffNew York, Mar. 29 : Ponzi scammer Bernie Madoff, who is currently in jail for defrauding investors of millions of dollars, also cheated on his devoted wife Ruth

Madoff carried on at least one affair during the couple's 50-year marriage, the New York Daily News quotes two sources, as saying.

One insider tells us Bernie once had a thing with an executive assistant at a major media corporation.

"She was attractive and Jewish," says the source. "He was quite generous with her. He used to fly her around."

Madoff''s secretary has upmarket mansions, fancy cars

Madoff''s secretary has upmarket mansions, fancy carsNew York, Mar 25 : A long time aide of Ponzi king Bernie Madoff went from a middle-class up bringing on Howard Beach to high society Boca Raton while signing up friends and families for her boss''s.

She''s acquired a 2.6 million dollar mansion in a gated community in Manhasset, L. I., and three fancy cars, including a 100,000 dollars Mercedes.

Ponzi schemer Madoff being treated like a `lab rat’in prison

New York, Mar. 19 : Ponzi schemer Bernie Madoff is being treated like a `lab rat’ in the super-max wing of the Manhattan federal lockup.

The unit is said to be so tough that it drives hardened criminals mad, the New York Daily News reports.

The unit is known as 10 South as it is located on the 10th floor of the lockup and houses the city''s toughest mobsters and most bloodthirsty terrorists.

Madoff, 70, has had to forget that he was once a vaunted Wall Street financier entrusted with billions of investment dollars.

The lights in the block burn 24 hours a day, and an inmate''s every move is caught on video.

Now, it’s bunk beds,, whitewashed walls and a shared sink for fraudster Madoff

Now, it’s bunk beds,, whitewashed walls and a shared sink for fraudster MadoffNew York, Mar. 13 : Ponzi king Bernie Madoff will be going from his plush, multi-million dollar penthouse to a spartan seven-and-a-half-foot by eight foot cell in the Metropolitan Correctional Center.

He is likely to be provided with a bare bunk bed, whitewashed cinderblock walls and a shared sink.

Inside the Metropolitan Correctional Center, typically home to terrorists, gangsters and drug dealers, the high-rolling the Ponzi scheme mastermind will be one of 750 inmates.

Bernie Madoff was a bad tipper, says posh resort’s staff

New York, February 17 : Bernie Madoff, who is under house arrest for running a 50-billion-dollar scam, has been dubbed as a one-dollar-guy by staff at a posh Montauk oceanfront resort.

The Wall Street fund manager, who was said to be a regular at Gurney''s, allegedly held the reputation of being a bad tipper around the hotel spa.

"He won''t be missed. Bernie was strictly a buck-a-towel guy," the New York Post quoted one employee as telling a source.

The 70-year-old was alleged to have conned many with Ponzi schemes, which involves paying abnormally high returns to investors out of the money paid in by subsequent investors, rather than from the profit from any real business.

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