Advertisement

Madoff was investors’ decision

Share

Re: “Madoff victims push for tax relief,” April 27:

The investors who gave money to Bernie Madoff did so in spite of the fact that he promised returns that were literally “too good to be true.” Sure enough, his Ponzi scheme collapsed and some investors lost millions.

In your article, Gordon Bennett, who lost $1.5 million, says, “I was victimized once by Mr. Madoff. I don’t want to be victimized a second time by the state of California.”

Mr. Bennett, you were a victim of your own greed, and I fail to see why the taxpayer should pick up the tab for your poor judgment.

Advertisement

Greg Daniels

Canyon Country

Advertisement