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The Madoff Fraud:Scam of the Century
Bruce Graybow and Minnesotans lose in fraud

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Madoff does Minneapolis: Heartland families lost hundreds of millions of dollars...

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Madoff does Minneapolis Heartland families lost hundreds of millions of dollars. How the scandal stunned a community that doesn't even like to talk about money. By Dave Kansas LAST UPDATED: JANUARY READ MORE
http://money.cnn.com/2009/01/16/news/newsmakers/kansas_madoff.fortune/...
While some regional reports put the Madoff fraud losses at $300 million, a local attorney working with victims believes $600 million is a more accurate number. He knows of two families who lost a total of more than $130 million. Dozens of other families lost smaller amounts, representing everything from children's college savings to retirement accounts, while local Jewish-funded philanthropies find themselves scrambling to pay for basic core missions for the poor.
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