Home > Uncategorized > JP Morgan doubts Madoff results but forgets to tell clients

JP Morgan doubts Madoff results but forgets to tell clients

Customer service just isn’t what it used to be.  Essentially JP Morgan created a new investment vehicle which allowed clients to invest indirectly with Bernie Madoff.  In order to do this, JP Morgan had to invest $250 million of their own with Madoff.  Early last Fall, JP Morgan grew suspect of Mr. Madoff’s practices and pulled all it’s money from his care, however they forgot to tell their clients which lost millions.  How do I open an account with these guys?  Click here to read the article.

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