NY Mets owner, Fred Wilpon, was one of many bilked by Bernard Madoff's Ponzi Scheme . It is believed that investors were defrauded approximately $50 Billon. Madoff, 70, is the former chairman of NASDAQ.
You figured the Wilpon's would learn of fraudulent behavior after spending so much on the contracts of Luis Castillo, Scott Schoenweis, Mo Vaughn, Roberto Alomar, and other's.
Source: Richard Esposito - ABC News
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