Thursday, January 15, 2009

Madoff ally under scrutiny as probe deepens | Reuters

Related stories on Madoff

Madoff ally under scrutiny as probe deepens | Reuters: "But the debonair 64-year-old philanthropist is now under mounting scrutiny over his friendship and business relationship with Bernard Madoff, the suspected mastermind behind an alleged $50 billion fraud.

Jaffe, chairman of the multimillion-dollar Palm HealthCare Foundation, was sought out in Palm Beach high society because he could deliver what seemed like the safest bet around -- access to Madoff's legendary fund and a relationship with Bernard L. Madoff Investment Securities LLC."

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