When the Ponzi scheme collapses, receivers help clean up the mess
By Mirela Iverac
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A Mont Blanc pen recovered from Al Parish's collection, which he acquired for $175 000
(Photo courtesy of Gregory Hays )
Part of Al Parish's watch collection worth over $2 million
(Photo courtesy of Gregory Hays)
Silverware from Al Parish's collection, handmade by Paul Revere
(Photo courtesy of Gregory Hays)
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Ponzi scheme receivers are hired to recover assets in the aftermath of fraudsters like Bernard Madoff. They have to track down and secure what assets they can and try to get some of the money back to defrauded investors.
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