Mets Owner Among Hedge Fund Fraud Victims

The news of Bernard Madoff's alleged $50 billion Ponzi scheme sent shock waves down Wall Street this morning, but it seems enough 'red flags' had been raised by at least one due diligence firm to steer some hedge fund managers, high net worth individuals, and institutional investors away. Yet it was also revealed today that even the owner of the Mets baseball team is among his victims. The powerful New York financial advisor whose handful of clients routinely expected -- and received --...Full Story
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