Bernard Madoff and his Texas Connection

Bernard Madoff was arrested for "allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud cases ever." The fallout of Bernard Madoff's scheme almost crippled The Innocence Project of Texas. The Innocence Project has freed more than 20 individuals in 2008 through DNA evidence from wrongful convictions. Their investment with Bernard Madoff almost cost them $400,000 in operating money, but the company was informed that they would be able to keep the money they had received to date. The Project believes they have enough money to complete all DNA testing underway so far however, if funds are to fall short they will seek help through the private sector. If you would like to learn more about the Innocence Project of Texas or how you can donate please visit here.

 

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