Madoff the clothes horse

Yet one more factoid about the alleged scamster/scumbag. Robert Frank at the Wealth Report discovers that one of Bernie's favorite stores was a super-swanky clothier on Worth Avenue in Palm Beach called Trillion (as Frank puts it, for folks who wouldn't be caught dead in a joint called Million or even Billion). We're talking $7,500 sports jackets, $400 shirts and $50 socks.

David Neff, the store’s president, says Madoff was “one of our best customers, he was here a lot.” His last shopping trip, however, was made a little more complicated by his arrest on Dec. 11. Mr. Neff says Mr. Madoff came into the store about two weeks before his arrest. (In fact, Mr. Madoff and Carl Shapiro, Mr. Madoff’s phone-a-friend who invested $250 million in Madoff’s scheme days before the arrest, were at the store within a few days of each other).

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Mr. Neff acknowledges that Mr. Madoff may have bought “thousands of dollars” of items at the store, “but that’s not uncommon so I wouldn’t call that big. Plus that would be easy to spend here, since it could be just one or two items”. Days later, Mr. Madoff was, shall we say, detained in New York. So a Madoff family member called Trillion and said he wouldn’t be coming to Palm Beach. The family member asked the store to ship them to New York, which it did.