Looks like a few people got burned by these guys.
Saddly I know of a couple of them. But unlike Madoff
these guys are in jail.
<a href="http://www.latimes.com/business/la-fi-ponzi24-2009jan24,0,1118570.story">http://www.latimes.com/business/la-fi-ponzi24-2009jan24,0,1118570.story</a>...