Thieves return Madoff’s stolen statue with ‘lesson’ attached

January 1, 2009

PALM BEACH, Fla. (ChattahBox) – Thieves calling themselves “The Educators” have returned a statue stolen reported missing Dec. 22, from disgraced investment guru Bernie Madoff. And they hope it teaches him a lesson in restitution.

Palm Beach police say the $10,000 copper sculpture was discovered Wednesday in bushes a few blocks from Madoff’s $9.4 million home, near the country club he belonged to.

The 4-foot-high statue, which portrays two lifeguards sitting on a bench, was stolen December 19 from Madoff’s estate in Palm Beach, about a week after the Wall Street money manager was arrested on charges he bilked investors out of more than $50 billion.

A note attached read: “Bernie the Swindler, Lesson: Return stolen property to rightful owners. Signed by — The Educators.”

Police are investigating the return of the statue, which did not appear to be damaged.


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