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Thursday, May 14, 2009

Invoice shows Madoff spending

NEW YORK — The credit card bill is a 30-page study in conspicuous consumption. A quick scan shows a restaurant charge of more than $2,800, $2,000 in spending at a Parisian boutique and $441 at a gourmet bagel shop. The total amount due: more than $100,000. Eye-popping numbers aside, the American Express statement from January 2008 has taken on broader meaning because of the notorious name on the corporate account: Bernard L. Madoff. The vast majority of the charges belong to his family and associates.





wire reports

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