List of victims revealed in alleged Madoff $50B scheme

The names of 14,000 clients who were said to have lost money investing with Bernard Madoff's alleged $50 billion Ponzi scheme have been released. The new list includes Long Island institutions, sports

News 12 Staff

Feb 6, 2009, 12:44 AM

Updated 5,637 days ago

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The names of 14,000 clients who were said to have lost money investing with Bernard Madoff's alleged $50 billion Ponzi scheme have been released.
The new list includes Long Island institutions, sports stars and celebrities.
The Long Island institutions named include the L.I. Museum of American Art, History and Carriages, the chairman of the board for North Shore L.I.J. and the pension fund for the International Brotherhood of Teamsters Local 1249.
Famous names listed include baseball Hall of Famer Sandy Koufax, Mets' owner Fred Wilpon, former Met Tim Teufel and actors John Malkovich, Kyra Sedgwick and Kevin Bacon.
This list was released as whistle-blower Harry Markopolos, who warned the feds about Madoff 10 years ago, testified before Congress.
Markopolos blasted the Securities and Exchange Commission for not following up on his warning.
?Clearly, the SEC was afraid of Mr. Madoff,? says Markopolos. ?The SEC says it lives for the big cases, but the evidence shows that the only financial regulators bringing the big cases in the 21st Century are the New York Attorney General's office and the Massachusetts Security Division.?
Alleged Madoff VictimsStory:List of alleged Madoff victims


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