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One former high-tech venture capitalist who dodged the Madoff scam bullet was Frederick Adler, who financed a string of computer companies, including Data General. Adler told The New York Times that he had pulled out of the stock market during the tech bubble.
"Look, I'm an ex-litigator and I can usually smell a crook a mile away," said Adler, now a Palm Beach entrepreneur who had invested a modest sum with Madoff in the '90s. "But I didn't get any odor from him."
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S.E.C. Report Details Lapses i
