Well, I think that the news gets weirder all the time. Convicted Ponzi scheme operator Bernard Madoff's two sons believe they should be counted among the victims of their father's crimes, according to court papers filed in a lawsuit brought by the court-appointed trustee for Mr. Madoff's firm.
In court papers filed late Monday Martin Flumenbaum, a lawyer for Mark Madoff and Andrew Madoff, said they went to the authorities shortly after their father revealed to them he had been secretly running a decades-long Ponzi scheme.
"Their revelation of their father's crimes led to the collapse of the profitable -and concededly legitimate-market-making and trading business that they had spent their professional lives building," Mr. Flumenbaum said. "For this, among many other reasons, they rank among the numerous victims of their father's terrible crimes."
Somehow, I think that they are not quite telling the truth. Their father's quick admission of quilt saved them.
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