Madoff sought funds from Shapiro, Jaffe 2 or 3 weeks ago

December 18, 2008 06:21 PM E-mail| |Comments ()| Text size +

As recently as two to three weeks ago, Bernard L. Madoff approached two investors in his inner circle -- Carl Shapiro and Robert Jaffe -- to ask them to place more of their money with him, a Palm Beach spokeswoman for both men confirmed today. The Shapiro family has lost about $545 million in Madoff’s $50 billion Ponzi scheme, $145 million of that in their charitable foundation run out of Boston. Jaffe, who is Shapiro’s son-in-law, worked for Madoff in Boston and Palm Beach, Fla., helping to attract funds to Madoff’s New York firm. The New York Post first reported the investments. (Beth Healy, Globe Staff)

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