Jeffrey Epstein Board

[eliminate]

All Roads
Don't led to Rome they led to MIT

The connection between Bernie Madoff and MIT involves a major donor whose foundation collapsed due to the scam, and a former MIT professor/dean who ran a separate Ponzi scheme that fed into Madoff's, causing significant financial losses to university research funding.

Key Connections:
Jeffry Picower (Donor Scam): Jeffry Picower, one of Madoff's biggest investors who allegedly netted $7.2 billion, was a major benefactor to MIT. The Picower Foundation donated heavily to the university, including funding for the Picower Institute for Learning and Memory, but this foundation closed down following the exposure of Madoff’s Ponzi scheme in 2008.
Gabriel Bitran (Faculty Scam): Gabriel Bitran, a former professor and associate dean at MIT's Sloan School of Management, was sentenced to prison for running a $500 million hedge-fund fraud that was uncovered during the investigation into Madoff. Bitran’s firm, GMB Capital Management, fed funds into Madoff’s firm.
Funded Research Losses: The collapse of the Picower Foundation forced the closure of significant neuroscience research initiatives that were funded at both MIT and Harvard.