Rumors Fly On Wall Street About President Trump Giving Scumbag Billionaire Bernie Madoff A Full Pardon
Is President Trump going to pardon convicted Ponzi schemer Bernie Madoff? That has been the buzz on Wall Street over the past two days.
President Trump has told people that Madoff was a good friend of the Trump family:
Bernie has my complete trust. I know him to be a man of honor and integrity, unlike the lying media who destroyed the man’s reputation.
Madoff is serving a 150-year term for financial fraud at the Butner Correctional Facility. Madoff confessed to operating the largest Ponzi scheme in American history. Investors claim they lost nearly $65 billion.
Bernie Madoff has become a prison kingpin since taking up residency at Butner. He has cornered the market on prison hot chocolate.
The 78-year-old fraudster buys all the Swiss Miss hot chocolate powder from the commissary. He then sells it in the prison yard at a profit. As a result, prisoners have to go through Bernie Madoff if they want hot chocolate. Madoff also runs several other small businesses in the prison yard.
Trump has stated he was greatly impressed with Madoff’s superb execution of the massive fraud.
Treasury Secretary Nominee Steve Mnuchin and his brother allegedly pocketed $3.2 million from Madoff’s Ponzi scheme.
When their mother died in 2005, Mnuchin and his brother were named as beneficiaries and executors of her estate. They withdrew the cash from her Madoff account. Madoff Trustee Irving Picard said $3.2 million of the Mnuchin family’s withdrawal came from the Ponzi scheme.
The rumor is that President Trump believes Madoff knows more about the inner workings of how a criminal business operates than all of Wall Street. Trump feels it’s a waste to have a man of Madoff’s talents sitting behind bars when he could be working in his administration.