Larry King got $1M from Madoff.


Bernard Madoff may not have been a con after all. If we'll go by Larry King's recent statement about making almost $1 million US after investing only $700,000 US.

The veteran journalist tells the syndicated TV news show "Extra" that he and his wife got money back from the Madoff estate and from the government for taxes they paid on stock they never had.
Madoff never made investments but used money from new investors to pay previous ones. He pleaded guilty to fraud and is imprisoned. His wife says in a CBS "60 Minutes" interview that they tried to kill themselves after he confessed.
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