MADOFF AND THE METS
As everyone is well aware Bernard L. Madoff scammed 65 billion dollars out of many Americans.
This included their pension plans and many people’s life savings, which Madoff used to help
build his pyramid scheme. After several decades his structure fell apart, leaving no money
for those on the bottom of his pyramid. But it appears that Madoff also swindled money out
of the New York Mets. He told Fred Wilpon, the principal owner of the Mets, to tell certain
friends to invest with Madoff. But this is not the only involvement the Mets had with Madoff.
The team invested money with Madoff for their star players and even their own disability insurance.