Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

2 of 5
The Goldsteins: Living a nightmare
The Goldsteins:  Living a nightmare
Allan Goldstein, a 76-year-old veteran of the Korean War, and his wife Ruth had invested in Madoff's firm since 1997. In a letter to Judge Chin, he described himself as destitute.

"I had two other investment counselors but Madoff outperformed them every year (so I thought), and I moved all my money (it was an IRA) to Madoff. I am now destitute. We had to sell our home in upstate New York at a very reduced price to avoid foreclosure. We are now living in one room in my daughter's house in California. I cannot pay my long term health insurance. I had to give up my car, and we are applying for food stamps.

"Our lives are a nightmare. My wife is suffering emotional problems because of this tragedy. Mr. Madoff has committed a crime against humanity considering all the lives he has wrecked along with charities he destroyed. He should be made to pay for his wicked deeds."

NEXT: Patty Brown: Madoff cheated her family
Last updated June 29 2009: 12:10 PM ET
Email | Print | Share  |  RSS
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
Ralph Lauren's many looks A look at his brands and iconic creations More
8 biggest job killing companies of 2015 Whole Foods became the latest corporate giant to lay off workers. Here's a look at the companies that have announced the most jobs cuts this year. More
America's best beer towns Here are the best cities to crack open a cold one and celebrate Oktoberfest, according to Trulia. More

Special Offer