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Victims pawn luxury items

China Daily | Updated: 2008-12-19 08:01

Pawnbroker Levi Touger tells reporters wanting to see the Lamborghini a Bernie Madoff victim hawked for quick cash that they needn't bother stopping by. He doesn't have it.

And, by the way, it was a Ferrari.

Touger's Royal Pawn & Jewelry has made loans to some of the well-heeled Palm Beach investors caught in Madoff's alleged $50 billion scam, turning his business into a bit of a media sensation as television crews inquire about filming the big-ticket booty. He says reports have overstated the items people were pawning, but not the income bracket of some of his more recent clients.

Victims pawn luxury items

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