RICH MAN, POOR MAN 75 state securities regulators to report an unregistered offering. The sooner you call, the more nest eggs you will save. The Recovery Scam The hyenas are never far behind the lion. In the winter of 2008, hun- dreds of people who thought they had a lot in common with Bill Gates suddenly found that they had more in common with the mil- lions of Americans who were facing foreclosure. These were the vic- tims of Bernard Madoff 's record-setting $40 billion, three-decade- long Ponzi scheme. Like all scam victims, Madoff 's victims looked in vain for any sign of recovery, while scrambling to find a way to support themselves. On March 10, 2010, as if waking from a long nightmare, Madoff 's victims learned that the International Security Investor Pro- tection Corporation (ISIPC), working with Interpol, had found $1.3 billion in Madoff assets tucked away in Malaysia. On its web site, ISIPC posted a photo of a neatly stacked mountain of cash, 40 stacks long, 15 stacks wide, and 20 stacks high, with other photos showing similar piles of cash tucked away in closets. ISIPC posted a quote from Irving Picard, the trustee in charge of gathering assets for even- tual return to victims, stating that he had secured approval from the ISIPC office in Switzerland to work with ISIPC in the United States to return the assets to investors. The web site included quotes from Malaysian government officials assuring victims that the Bank of Malaysia was cooperating to arrange wire transfers to the victims. ISIPC asked those claiming a right to recover Madoff assets to for- ward their contact information, to be checked against a list provided by the Madoff trustee. American Managememt Association · www.amanet.org