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Local charity under investigation


Last Update: 5/20/2009 2:50 am
PALM BEACH COUNTY,FL--The feds are now looking into accusations that a local charity knew about the Bernie Madoff ponzi scheme.

The Picower Foundation gave millions to non-profit health and service organizations.  Now Jeffery Picower is now one of eight Madoff investors and associates under the microscope.

Picower and the foundation are also named in a lawsuit filed by trustees of the Madoff estate, who are trying to recover funds on behalf of investors.
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