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Wall Street investor Bernie Madoff was well respected within the world of finance. But, as Michelle Miller reports, the F.B.I. now suspects that Madoff scammed clients out of billions of dollars.
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Investors in Britain are being hit by the fallout from a massive financial scandal in the United States. Bernard Madoff, a former chairman of the Nasdaq stockmarket, admitted a fraud which could cost investors on both sides of the Atlantic up to 50 billion dollars.