The Netherlands' Queen Beatrix and her sons reportedly invested and lost up to $100 million with Ponzi schemer Bernard Madoff, though the palace denies the rumors. Queen Elizabeth II's son and heir, Prince Charles, was reportedly also approached by Madoff representatives, but apparently--and fortunately for him--declined to invest.

Queen Beatrix and her sons reportedly invested and lost up to $100 million with Ponzi schemer Bernard Madoff, though the palace denies the rumors. Queen Elizabeth II's son and heir, Prince Charles, was reportedly also approached by Madoff representatives,
Real estate values at the Palm Islands are down over 50%, and construction has stopped on further extensions. Even more embarrassing, Dubai had to approach fellow emirate Abu Dhabi with hat in hand to