Madoff's family abused his corporate card


	Madoff's family abused his corporate card

ikino22

5-14-2009 10:13 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/c4517167-715a-4786-be2f-02811bc8fbc5/4A7B62FE-3023-45DF-B765-8171757864A2/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.sun-sentinel.com/business/sfl-madoff-credit-card-bill-051309,0,5638517.story" href="http://www.sun-sentinel.com/business/sfl-madoff-credit-card-bill-051309,0,5638517.story" style="font-size: 11px;">www.sun-sentinel.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.sun-sentinel.com/business/sfl-madoff-credit-card-bill-051309,0,5638517.story"><H1>Madoff's family abused his corporate American Express card</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.sun-sentinel.com/business/sfl-madoff-credit-card-bill-051309,0,5638517.story"><P id="story-body"><DIV>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.</DIV>
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 Eye-popping numbers aside, the <A id="ORCRP000768" title="American Express Company" href="http://www.sun-sentinel.com/topic/economy-business-finance/american-express-company-ORCRP000768.topic" class="taxInlineTagLink">American Express</A> statement from January 2008 has taken on broader meaning because of the notorious name on the corporate account: Bernard L. Madoff.</DIV>
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 And the vast majority of the charges aren't even his; they belong to his family and associates.</DIV>
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 Of the $100,121.99 bill from Jan. 23, 2008, Madoff's wife, Ruth, was the top spender, ringing up $29,887.94 in charges. They included a $2,000.01 purchase at a <A id="PEHST000080" title="Giorgio Armani" href="http://www.sun-sentinel.com/topic/arts-culture/giorgio-armani-PEHST000080.topic" class="taxInlineTagLink">Giorgio Armani</A> outlet in Paris, and $1,214.10 at a Diane Firsten shop in Cincinnati about a week later.</DIV>
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