Madoff "Victim" Looks Strangely Like Nigerian Scammer
To help the judge decide Madoff's sentencing, the NY AG's office submitted 96 pages what they said were emails from his victims. I feel bad for this one guy on page 36...
From: [redacted]
Sent: Saturday, March 07, 2009 6:38 PM
Subject: REPLY MEMy Name is Mr. [redacted] but my origin is from Republic of Congo. I have an inherited fund I want to invest in a business in your country with a help of a local. I don't know about what business but I found it wise to invest the funds in your country with your collaboration with me.
Ever since I move to Dubai due to the problem in my country, I have not been able to invest the funds in Dubai due to security reasons. Now I am seeking foreign assistance to transfer the funds in your country based on the news of their development.
If you can assist, I am willing to give you 10% of the funds that is US$3.5Million. You will understand that my entire life and future depend on this money and I shall be very grateful if you can assist me. The major thing I demand from you is the absolute assurance that the funds will be safe and you will not sit on it when it is transferred into your account.
I will be willing to coming to your country once everything has been done and the funds are in your bank to discuss on lucrative investment in your country.
I hope to hear from you so that we might get to talk better on this issue. Please do give me your contact information in order for me to call you ASAP.
If this email offends your moral value, do accept my apology.
Hope to hear from you soon.
Best Regards,
[redacted]
Terrific vetting process.
Letters Of Madoff Victims (PDF)
Wow, I Needed That [Talking Points Memo]
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Comments:
@Corporate_guy: Actually, US Attorney got scammed. This is from a list of emails released by the US Attorney's office which they received from "Madoff victims"
@Rebecca Brown: Neither. The prosecuting attorney for the Madoff case asked victims to send letters about their experiences to show the judge to make a case for sentencing.
This was one of the emails he got in return, which, for some reason he submitted anyway. It's pretty clear the US Attorney's staff didn't read the emails very thoroughly. Or at all.
@mac-phisto: Perhaps the staffer assigned to this decided to spend time reading blogs instead?
"Yeah, boss, we read them all. Looks good."
Looking at the pdf now. None of these emails actually seem to be from real victims -- it's just . WTF happened here? I'm thinking the US Atty figured nobody would ever read this and it wouldn't go public?
Or maybe this is just some paperwork to meet some technical requirements that doesn't need to have any impact on the actual case.
The really sad / funny part is given the monstrous level of attention and anger over this case, they would then handle it in such a further inept manner. Haven't they ever heard of politics, appearances and spin before?
Unless of course this was a courier or clerk joke on Cuomo, substituting or inserting it in there while somebody wasn't looking right before the judge got it.
I can just imagine the political cartoonists salivating over this one and how they will illustrate it.
Maybe someone needs to dress up as a Nigerian scammer and visit him in jail asking for money lol. "You have ruined my chances for millions in America! My fields and cows are all barren now...etc." That would actually be funny - have people stalk him every day and force him to sit there and put up with it through the glass to eternity. He can't leave as long as someone is there saying or screaming something.
Something along those lines was what Donald Trump was saying. DISCLAIMER: I like the Donald as much as a hook in my eye, but when the guy talks money you have to listen. That's his territory. He was saying that based on the amount of money schemed he HAD TO HAVE accomplices. No one can keep this much money running for so log if the business were real; now if it was a scam it would take even more people and more effort. You do not get to scam 50 billion from two or three cats. You have to have a sizeable amount of clients. Then how comes he was the only one doing this? Was it just him making the calculations for the monthly or quarterly reports? Was he the only one typing the account reports? Who was the one keeping track of the tiers of each client, just him? I dunno, but in this one I side with the Donald. There is no way in the universe he was the only one doing this. It is mathematically impossible, and I'm unanimous on that!
@Aisley: I am with you on that one. One thing I read/head was that Madoff hired people without finance backgrounds or experience.
They probably asked him for the info on the accounts or once bogus accounts were created kept shoveling garbage info into the spreadsheets.
I can imagine him saying "Ok, everybody, I reviewed the master account and all you with people's accounts whose last names start with A to M made 11% this year, those with N-Z made 9.8% this year. Now go fill in your spreadsheets."




















this is a *FACEPALM* moment, isn't it...