Lesson from Madoff: Avoid family-run investment firms

... used that money to buy real estate - million-dollar apartments in Manhattan and houses in Nantucket, Mass., and in Greenwich, Conn. Investment firms larded with family are a minefield for conflicts of interest. Here are some questions investors ...

http://www.philly.com/philly/business/20140721_Monday_Money_Tip__Lesson_from_Madoff__Avoid_family-run_investment_firms.html