The family of Carl and Ruth Shapiro, well known for their philanthropy in Boston, has hired a New York lawyer to represent their interests as they reel from financial losses and a sense of personal be

Bernard Madoff 'fraud': Carl Shapiro reported to be biggest victim A 95-year-old clothing millionaire from Boston is thought to be single biggest victim of Bernard Madoff's alleged $50bn fraud, after

Madoff scheme hit hard in Mass. Philanthropy may suffer By Tom Moroney, John Lauerman and Brian K. Sullivan BLOOMBERG NEWS Carl Shapiro’s name is chiseled into Boston’s largest academic and m