Madoff trustee Irving Picard claims Mets owners knew about Bernie Madoff’s Ponzi scheme but loved profits

Mets owner Fred Wilpon was so addicted to the steady stream of profits gushing from his bulky Bernie Madoff account that he was routinely stuffing the cash into whatever team account needed a fix, court papers allege…. “When faced with cash crunches from week to week, the Mets routinely and confidently relied on future Madoff returns to bridge the gap,” the court papers, filed by the court-appointed trustee for the Madoff estate, Irving Picard, charged.

via Madoff trustee Irving Picard claims Mets owners Fred Wilpon and Saul Katz knew about Bernie Madoff’s Ponzi scheme but loved profits – NYPOST.com