Some Madoff Victims Are Better Placed Than Other to Recover Lost Nest Eggs

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Slapped hardest perhaps by the vast Ponzi scheme allegedly orchestrated by Bernard Madoff were investors who gave their life’s savings to trusted financial advisors only to discover that those advisors had trusted Madoff.

Most of these victims now say they never heard of Madoff, let alone trusted him with their hard earned money.

But among the thousands of plaintiffs sure to be named in the myriad lawsuits that will spring from the Madoff scandal, those who invested with third-party investors – or so-called feeder funds -- may stand the best chance of recovering some of their lost nest eggs.

That’s because some of those feeder funds are affiliated with large financial services companies -- and those parent companies have deep pockets.