29 June 2009

Bernie Madoff’s great-grandfather made name for himself

Berl Miodownik was a middle-aged tailor when he boarded the SS Bulow in 1908 in search of the American dream. He made it all the way through Ellis Island with this name but within two years had changed it to Barnett Madoff.


As is the American way, he worked his way up from tailor to clothing designer. Within a couple decades he had obtained what is for many the ultimate symbol of success, a US patent number.


Barnett’s great-grandson, also an inventor, was sentenced today to 150 years in prison.

2 comments:

A. Spence said...

such ashame that he disgraced his family name. The families affected by this scam will always remember the Madoff family and never trust anyone from them again.

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