SWINDLER'S LIST - Madoff Trustee: No Securities Bought in 13 Years

The trustee in charge of untangling the mess brought on by the Bernard Madoff scandal told investors Friday there was no indication the disgraced financier bought securities for his clients.

"We have no evidence to indicate securities were purchased for customer accounts," said Irving Picard, the court-appointed trustee overseeing the liquidation of Madoff's assets.

Webmaster's Commentary: 

Note that the victims will get at best a half million of their money back.

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