HUFFINGTON POST Sandy Koufax Invested With Madoff AP | RONALD BLUM | February 5, 2009
LINK AT WEB SITE-----Madoff's Client List
EXCERPT — Hall of Famer Sandy Koufax, a high school baseball teammate and friend of Mets owner Fred Wilpon, was among the clients who invested with Madoff, according to a court filing. Accounts involving the Mets, their owners and Wilpon-affiliated companies were listed, many with Shea Stadium addresses. NOTE: Latest is Wilpons had 483 accounts with Madoff.
SOURCE http://www.huffingtonpost.com/2009/02/05/sandy-koufax-invested-wit_n_164283.html
SOURCE http://www.huffingtonpost.com/2009/02/05/sandy-koufax-invested-wit_n_164283.html
AP | RONALD BLUM | February 5, 2009
EXCERPT (As of 2009) Among the Wilpon-connected entities that had accounts with Madoff:
Sterling Mets, the Mets Limited Partnership;
the New York Mets Foundation;
Sterling Doubleday _ the entity that owned the team when Wilpon and Nelson Doubleday were partners;
Fred Wilpon and his wife, Judy, had individual accounts;
Fred's brother Richard;
Saul Katz, Wilpon's brother-in-law; Katz is the Mets' team president;
Jeff Wilpon, Fred Wilpon's son and the team's chief operating officer;
Valerie Wilpon, Jeff's wife;
Robin Wilpon Wachtler, Jeff's sister;
Charitable foundations of Fred and Judy Wilpon, and of Jeff and Valerie Wilpon;
several Wilpon family trusts;
Brooklyn Baseball Company, the Mets-controlled company that owns the minor league Brooklyn Cyclones,
Coney Island Baseball.
(As of 2009) Prosecutors claim Madoff admitted he lost more than $50 billion belonging to investors. Defense lawyers say he has cooperated with authorities to help identify assets.
(As of 2009) The Mets have not said how much the entities and individuals have lost. Jeff Wilpon said in December 2008 the money can be replenished over time as the operating businesses generate profits. "The individual partners lost some money at Madoff. It doesn't affect the Mets. It doesn't affect the Citi Field project. It doesn't affect SNY or any of our other operating businesses," Jeff Wilpon said.