Taking Names and Kicking Assets

Blumenthal wants to know who in CT lost money in a possible $50 billion 'Ponzi Scheme"

It's being dubbed one of the biggest schemes ever.

Now Attorney General Richard Blumenthal wants to know exactly how many people fell victim to disgraced Wall Street financier Bernard Madoff and  and what can be done to make restitution for their losses.

Madoff is the Wall Street financier accused in one of the largest pyramid schemes in history, costing people, businesses, and non-profit organizations some $50 billion. 

Blumenthal has written to the man overseeing the liquidation of Madoff's firm, demanding a list of victims here in Connecticut.

A Jewish organization with ties in Connecticut lost $90 million. Hadassah, an organization that supports Israeli hospitals, schools, youth centers and other Jewish programs has 26 chapters here in the state.

Other local victims include The Center for Children's Advocacy in Hartford, which lost $85,000. 

The Town of Fairfield was also hit hard.  Its employees board, along with the police and fire board invested $41,900,000.

Fairfield Greenwich Group, a Connecticut-based investment firm invested $7.5 billion with Madoff and is trying to determine assets lost.

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