I heard [Bienes] lost everything," says Tony Stefanelli, a longtime friend who has lost about $14 million in the Madoff scandal. "I understand he was crying and everything else. I don't blame Michael and don't believe he was involved in any way with the scamming."

Tony Steffanelli Fla Investor- Madoff victim tied to Michael Bienes
Madoff's Man Fort Lauderdale multimillionaire Michael Bienes never cut ties with Bernie Madoff — even after the SEC shut him down. By Bob Norman Published on January 20, 2009 at 2:52pm Millionaire