Frank Avellino, island summer resident, sued by Madoff trustee
Nantucket summer resident Frank Avellino spent nearly his entire professional career recruiting investors and funneling money to convicted swindler Bernard Madoff while living lavishly off the steady and implausible returns from his now-collapsed Ponzi scheme, according to a complaint filed in a New York bankruptcy court last week.Full Story
#1 Dec 18, 2010
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