Palm Beach

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Madoff Ruse Exploited Palm Beach's Clubby Ways
Madoff Ruse Exploited
Palm Beach's Clubby Ways
ANALYSIS

Madoff Ruse Exploited Palm Beach's Clubby Ways

Swindler exploited ritzy Palm Beach culture to bilk investors

(Newser) - You have to give it to Bernie Madoff: The Ponzi pirate wasn’t your average fraudster, Daniel Gross observes in Slate. Look no further than Palm Beach, which was "ground zero" of his scheme. Madoff got where he did by “fiendishly exploiting the unique, clubby culture" of the...

Tables Turn: Madoff Gets Ripped Off

Thieves rip-off investment fraudster

(Newser) - In a bit of poetic justice, a thief stole an expensive statue from the Palm Beach estate of Bernard Madoff last week, the New York Post reports. Burglars took a $10,000 copper statue depicting two lifeguards from the fraudster accused of losing $50 billion of investors’ money in a...

Madoff Crony Harangued at Tony Fla. Club

Jaffe nearly fights with furious bilked investor at black-tie bash

(Newser) - Bob Jaffe, who recruited many of the marks for Bernard Madoff’s $50 billion fraud operation, got an earful after showing up last weekend at a Palm Beach party brimming with Madoff’s victims, a source tells the New York Post. When one saw Jaffe, “it nearly came to...

Bernie Madoff, Gentleman of Leisure

Inside the personal life of America's favorite scam artist

(Newser) - Bernard Madoff maintained a very public life, and, like a perfect con man, no one thought he was capable of the crimes he stands accused of. Two weeks ago he popped into his  barber shop for his usual haircut, shave, mani, and pedi. “For me, he was a gentleman,...

Candidate's Klan Ties Roil Florida Race

Klansman's teenage son is disqualified on a technicality

(Newser) - In a big year for race in politics, a 19-year-old’s election to—and ban from—Palm Beach’s Republican committee has hate groups and their opponents up in arms far beyond Florida, the New York Times reports. Voters chose Derek Black, the son of a noted Klansman who made...

Mistress Got Hush Money From 'More Moral' Fla. Rep.

Foley's successor ponied up $121K

(Newser) - Maybe it’s Florida? Two years have passed since Mark Foley, Palm Beach’s Republican Congressman, was forced to resign after sending lewd messages to male pages. His successor, Democrat Tim Mahoney, who ran on a ticket of “restoring America’s values,” gave a former mistress $121,000...

Trump Sells Mansion for $100M
 Trump Sells Mansion for $100M 

Trump Sells Mansion for $100M

US real estate record for the Donald's Palm Beach estate

(Newser) - The real estate market may be slumping, but not for Donald Trump, who sold his Palm Beach mansion to a Russian fertilizer billionaire for $100 million, the AP reports. It's the most ever paid for a US estate, a spokesman claims. "In an age of so many people getting...

Fireman Dead in Fla. Wendy's Shooting

Unemployed gunman injured 5 others before taking own life

(Newser) - A gunman killed a local firefighter and wounded five others in a West Palm Beach Wendy's today before taking his own life, the Palm Beach Post reports. Shooter Alburn Edward Blake left no suicide note but was said by one witness to be an ex-worker at the restaurant. "Looks...

Police: War Hero Preys on Neighbor

Elderly Holocaust survivor swindled, abandoned in Poland

(Newser) - A Holocaust hero who with his brothers saved 1,200 Jews in one of the largest  armed rescues during World War II is accused of bilking a survivor of about $250,000, the Associated Press reported yesterday. Aron Bell dumped a 93-year-old Catholic survivor at a nursing home in Poland...

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