Carmen Dell'Orefice Dell'Orefice. Madoff's fraudulent investment scheme drew on these funds to lure over 13,500 individuals and charities to his Ponzi scheme. She continued to socialize with the Madoffs after Levy's death. In December 2008 a 68-year-old friend, who invested her life savings with Madoff, telephoned Dell'Orefice to inform her that she too had been bankrupted by the scheme. Dell'Orefice said, "For the second time in my life, I've lost all of my life savings." Carmen Dell'Orefice Carmen Dell'Orefice (; born June 3, 1931) is an American model and actress. She is known within the fashion industry for being the world's oldest
Philatelic investment its location. There have been a number of scandals in this area over the years. In Ireland in the 1950s, Paul Singer, a Bratislavian Doctor of Philosophy, ran a Ponzi scheme under the name "Shanahan Stamp Auctions". The scheme collapsed when a mysterious robbery took place at the company's office on 9 May 1959, the eve of a major auction, when more than ₤300,000 worth of stamps went missing. Singer was charged with fraud, but was acquitted and vanished. In the 1970s, the bursting of a speculative bubble left investors unable to realise their investment at the price they had