He will.
Like uncle Bernie, its been reported that most of his investors never withdrew their money, but yet continued to contribute to what they thought was their future nest eggs. Like most who have 401k's, mutual funds, and various other vehicles used for their children's college funds, and pensions, are to a larger degree are left untouched. $50b to $65b, his assets, with all he burned thru couldn't add up to $5b let alone that amount.
To the contrary of what we hear about regarding ponzi's, we would be left to accept the notion that the money from new investors is used to payout old investors is a myth, in actuality they know that the money in most will just never be found. The only reason any of the old investors would get money would be if they cashed out, or are to receive dividend checks, and which would be comparatively small to what would be taken in from new investors. When the money flow stops coming in from new investors, divvy's stop getting paid, and when this happens the schemer buys time with excuses, and when several months have elapsed, ALL the money is gone.
When Made-off was asked about his friend, the one who cut his wrist, and bled out having learned of he, and his friends losses that were a billion +, his responsive remark was, "he could not pick a stock if his life depended on it". Bernies wife blames the gentiles for what has happened to him. Ya can see just how dark, and evil these people truly are. It was someone elses fault, not theirs. The truth is Madoff couldn't pick a stock either, he had not made a trade in 13 years, but yet no one on Wall Street, not one firm, not even the SEC picked up on it, the only rational reasoning would be that most of the other firms were just as guilty of their own corruption, and it would be hard for GS or the others to call the kettle black.
Anyone who is sophisticated enough to pull off such a con, like Bernie, knows all the in's and out's on how to hide money. The Cayman's alone have 241 banks, and their own currency, secret accounts, secret safety deposit boxes, as well as Austria, and Switzerland. In addition to them there's approx 40 more countries if the money is a staggering amount, gold can be purchased, platinum bars then be transferred from a mint for the bank of that destination then sold to the client, and kept within their vault, and no one is the wiser.
In Bermans case he may use a family member, like his mother as the owner, but he given access to her box. They will always find a means to hide it, even if its to pay off their home, car, or fund their retirement. As we can see by example, a tiny little pink can produce tens of millions for these cons, like Usxp if I remember raked in $36m for all involved, but they got caught, like the ceo and his shister atty prior to this, its a never ending saga. It should have been shut down intially because it was an enterprise built on fraud.
AI
