“In what was the biggest mistake of my life, I put my trust with Bernard Madoff,” Friehling told Judge Alvin K. Hellerstein. Friehling said, "At no time was I ever aware Bernard Madoff was engaged in a Ponzi scheme." He said if he had known that investor money was not properly invested, he would not have poured his family’s savings, including the college funds for three children ages 17, 20 and 24, into Madoff’s investment business.
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