So wait-- you're lounging on a cruise ship in the warm Mexican sun, sipping a fine cerveza, then someone hands you a $3,500 charm bracelet that once belonged to the most famous white-collar criminal of all-time -- what's not "too good to be true" about that?
Lester Miller, 77, a businessman from St. Louis, bought that bracelet and 19 or so others, spending about $100,000. He said he would divide them among his daughters and granddaughters on a cruise to Mexico next weekend.
He said that he had never met Mr. Madoff but knew several people in Palm Beach who had lost money in his bogus investments. He added that he was pleased to help those people. "I think it's a nice thing," Mr. Miller said. "The more you can bid, the better off you are."
Asked what he would tell his granddaughters when he gave them the bracelets, he said, "If it's too good to be true, it's not right."
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