NY1.com

  72º

01/28/2009 11:13 PM

Queens Warehouse May Be Linked To Madoff Scheme

By: NY1 News

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A paper trail in the Bernard Madoff fraud case has led investigators to a Queens warehouse.

A government official tells the Associated Press the warehouse holds records from Madoff's investment firm and may answer questions about the alleged Ponzi scheme.

Federal officials have already been reviewing some of the businessman's records at his Midtown headquarters.

Madoff is accused of losing more than $50 billion belonging to investors.