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From The Room: Investors Lose Shirts, Jackets in $50bn Fonzi Scheme
December 16, 2008 - Arthur Fonzarelli was indicted today by federal prosecutors for bilking investors out of more than $50 billion worth of leather jackets in a classic Fonzi scheme. Whistle blower Matsumoto "Arnold" Takahashi stated that Fonzarelli had been using his diner as a front to house the jackets. Takahashi...Filed under: Bernard Madoff, Bernie Madoff, Bernie Madoff Scam, Madoff Scam, Ponzi Scheme, Happy Days, Arthur Fonzarelli, Fonzi, The Fonz
