[classicman]

Cheaters to prey on Bernard Madoff

“Whatever (Madoff hid) offshore, I think he’s going to get cheated out of,” Markopolos told a conference yesterday at Boston College, his graduate-school alma mater.

“If I’m his private banker in Panama, (I’m thinking): ‘I know Mr. Madoff isn’t getting out of prison to collect the money, and I know his family denies having anything to do with this scheme, so they’re not going to show up, either. So guess what: It’s my money now.’ I call that ‘cheating the cheater’ - and that’s sort of poetic justice, I think.”