Tuesday, January 20, 2009

NY Post Can't Count the Fraud

How can Uncle Bernie's distraught nephew of 50 years old have built a house with his wife in 1971 when he was 13 years old?
clipped from www.nypost.com

Another family member has been burned by Bernard Madoff.

His Long Island nephew, a 30-year employee of Madoff's company, has to sell his home after being wiped out in the Ponzi scheme.

"It's emotionally devastating to our entire family," Wiener, 50, said at his Centerport, LI, home, which he was forced to put on the market after the "devastating financial loss" Uncle Bernie forced upon his family.

Wiener and wife Carolyn built the four-bedroom, ranch-style home nestled on Northport Harbor, featuring a dock and brick patio in 1971. It's now listed for $1.3 million by Daniel Gale Sotheby's International.

Another former employee of the firm, who spoke on the condition of anonymity, said Wiener worked on the 17th floor of the company's headquarters in Midtown's Lipstick Building. Wiener was in the dark about the shady dealings.