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The Madoff Fraud:Scam of the Century
Charles Weiner Madoff nephew another sad victim

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MADOFF NEPHEW HOMELESS Yet another family member has been burned by Bernard Madoff. His Long Island nephew, a 30-year employee of Madoff's company, has to sell his home after being wiped out in the Ponzi scheme. Charles Wiener was near tears last week as he talked about his uncle's betrayal, calling the $50 billion securities scam "a rotten thing." "It's emotionally devastating to our entire family," Wiener, 50, said at his Centerport, LI, home, which he was forced to put on the market after the "devastating financial loss" Uncle Bernie forced upon his family. "We have to move," said a haggard-looking Wiener in his first interview since his uncle's Dec. 11 fraud bust. "I can't afford it anymore." Wiener was not just a Madoff family member but a high-ranking executive at Madoff Securities, joining the firm in 1978. His last listed position was director of administration. Wiener and wife Carolyn built the four-bedroom, ranch-style home nestled on Northport Harbor, featuring a dock and brick patio in 1971. It's now listed for $1.3 million by Daniel Gale Sotheby's International. Another former employee of the firm, who spoke on the condition of anonymity, said Wiener worked on the 17th floor of the company's headquarters in Midtown's Lipstick Building. Wiener was in the dark about the shady dealings. http://www.nypost.com/seven/01182009/news/regionalnews/bernie_a_punk_uncle_150664.htm
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