Madoff Victims Blast Report
|By Jerry Kronenberg, Boston Herald|
"I would say that in important respects, this is a put-up job," said
Set up by
However, hundreds of Madoff's victims didn't get anything at all.
That's because the
The agency declared anyone who took out more than they put in a "net winner" who didn't qualify for
"(Picard) can burn in hell for all of the trauma he's inflicting on elderly people," one local Madoff victim said, speaking on condition of anonymity because he's facing a Picard lawsuit.
Victims say the task force should have endorsed a bill in
"Yes, there was a scam going on, but most people who invested with Madoff knew nothing about it," said
But Velvel, who's also squaring off against Picard, called the panel a "semi-stooge committee" that couldn't have endorsed such ideas without weakening the
"We understand that these people were victims, (but) even an innocent person who receives someone else's stolen assets from a fraudulent actor has to give them back," he said.
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|Source:||McClatchy-Tribune Information Services|