Madoff Gets a Small Taste

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Filed under: Pranksters

Madoff’s Stolen Statue Returned, with a ‘Lesson’
January 1, 2009

Palm Beach, Fla. (AP) — Thieves calling themselves “The Educators” have returned a statue stolen from disgraced investment guru Bernie Madoff. And they hope the Wall Street money manager has learned his lesson.


The Palm Beach Post reports that the $10,000 copper sculpture turned up Wednesday near the country club Madoff belonged to.

A note attached read: “Bernie the Swindler, Lesson: Return stolen property to rightful owners. Signed by, The Educators.”

The statue was reported missing Dec. 22, about a week after he was arrested on charges he bilked investors out of more than $50 billion. His clients included major banks, charities and retirees.

Police are investigating the return of the statue, which did not appear to be damaged.

Related Articles:

  • Credit crunch unmasks former Nasdaq chair, Business Week, December 12, 2008
  • Bernard Madoff arrested over alleged $50 billion fraud, Yahoo News, December 12, 2008