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The Madoff Fraud:Scam of the Century
Jeffry M. Picower

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Madoff Client Jeffry Picower Netted 5 Billion Dollars likely More Than Madoff ...

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Madoff Client Jeffry Picower Netted $5 Billion—Likely More Than Madoff Himself by Jake Bernstein, ProPublica - June 23, 2009 12:28 pm EDT Jeffry M. Picower is alleged to have taken in $5.1 READ MORE
http://www.propublica.org/feature/madoff-client-jeffry-picower-netted-...
Jeffry M. Picower is alleged to have taken in $5.1 billion as a result of fraudulent returns from Madoff accounts. It is rare these days to see Bernard Madoff's name in print unaccompanied by the word "Ponzi." Yet recent allegations raise the possibility of one key difference between Madoff's crimes and those of legendary con artist Charles Ponzi. While Ponzi's scam was under way, Ponzi himself was its biggest beneficiary. It now appears that the biggest winner in Madoff's scheme may not have been Madoff at all, but a secretive businessman named Jeffry Picower.
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