Quote:
westbootie - 12/18/2008 9:21 PM Quote:
Bldstud - 12/17/2008 1:12 PM
Anyways, close to home for us, the Madoff kids own 100% of ABEL Reels.
Flyfishing gear, fairly high end, but nice stuff. http://www.abelreels.com/ | Abel reels is owned by Steve Abel. They are located in Camarillo, California.
Did the company get sold?
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Yes, Steve Abel sold the company, but for now I'm told, he's still in charge, running the day-to-day ops and product development. The friend in the fly fishing industry also said T&T was sold to the same holding company?
What's going to happen after this Madoff Ponzi Scheme is uncovered, is anyones guess --
I'm assuming the whole family was in on it and the kids "turned the old man in" to make themselves look good. You'd better believe there's some $$$ tucked away in some offshore accounts that even the best accountants/auditors will have trouble finding.
PB