Trump’s New Finance Chief Cashed Out Madoff Ponzi Profits

Donald Trump’s new national finance chairman and his family pocketed about $3.2 million in fake profit from his mother’s account with convicted con man Bernard Madoff — money that didn’t have to be returned to victims because it was taken out of the Ponzi scheme in time.  Steven Mnuchin, a business associate of Trump’s and also chairman and chief executive officer of the hedge fund Dune Capital Management LP, was sued in 2010 by a trustee seeking to recoup Madoff investors’ losses from customers who’d withdrawn more money from his firm than they put in.  Read article