Madoff investors find accounts offer no protection

By RACHEL BECK and ADAM GELLER Associated Press Writers NEW YORK (AP) – Tucked among the hedge funds and the famous names on Bernard Madoff’s client roster is an unlikely group of about 800 people _ strangers to one another, yet all listed at the same anonymous Denver address. Now, they are discovering a painful common bond, shared with at least two previous groups of stung investors. For at least the third time in as many years, the company behind Denver P.O. Box 173859 has turned up as a go-between in a collapsed Ponzi scheme. The address belongs to Fiserv Inc., which served as middleman for Madoff and scores of regular Joe-and-Jill investors: dentists and doctors, insurance salesmen and…

Full Article