Bernard Madoff Investment Loss
Weinberg lost $1.3 million in a retirement fund that had been invested through a Beverly Hills, California financial planner with Bernard Madoff, without her knowledge. Other family members had also invested money with the same advisor. In an interview with The New York Times Weinberg stated that she did not expect to recoup her loss but she was "determined not to make this the centerpiece of my life", stating that she would "have to budget myself very carefully over the next several years".
Read more about this topic: Loretta Weinberg
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