Madoff Victim hits Hollywood

" We'll we'll. Latest victim in the -- made -- scandal -- a name that I've known all my life it's been in the public spotlight for a lot longer than I've been alive jog jog up more than 91 year old television and movie star. This year has been recently learned that they lost between seven and ten million dollars to none other than burning -- joining us now from Los Angeles. Her husband of 22 years prince Frederick on adult and his attorney Edward Lee gentlemen thank you very -- prince Frederik. How did you first hear about burning meal."

" Was depressing most you know announced the investment company and those in California. To return some money because. The money -- info -- few years and needed some money badly. -- about the investment company has to look I need some money I have to kinds of the conduct. And all of a sudden I got really time Coleman -- long we have a ball that much of what amenable to -- yet available to them. And that's hosting stop."

" Well that's that's how that's how you heard about the problem I want to go back even further though -- are want to go back. To how you first heard it about Bernie made off and how you that you decided to put some of your money they're did you meet him."

" Not never met him I mean I invested in growth phase two of the investment company in California and people believe in this and -- to a -- but they never talked to me abolish that you know I didn't know that and all of a sudden when they come up with a bought football them they -- out made a -- nonsense about a he calls doesn't compliment that's it. I -- so -- you had never before this scandal broke you would never heard the name Bernie made up they didn't brag about dole putting their money -- Bernie made office some people did not not up. Not not not well not WCI want my money back from the investor -- California. I don't give a damn who'd invested two I want my money back and all of a sudden date date on that made off. Okay that's how I got still made off well let me let me just ask what kind of monthly statement we've we've had a lot of people on scoreboard who have actually. Investor -- made up and shared their statements. -- have us about a have you seen it did you get a monthly statement showing where your money was going. I have some statements but that this in the last ten to. Don't want to talk about a much about a gift to -- Malloy are well Lou I don't have I don't know I don't know what to look at what. What I'm doing not to not the thing is what I'm doing my mouth. -- I don't blame -- I believe in this cycle money. And investor comedies that not. You better shot up all we don't mega deal because I want my money back and I told him look I'm going to take you guys -- caught -- a dog if you -- Open your -- if you take us because they should mention our names that would be no deal so I tried to make a deal it's like even a squad that's possibility -- if you will need to know any heated stuff you have to osment about about a act I just want to ask Hugo prince first what about judge judge did you consult with her. Before putting money into what -- meter fund. Above another really I mean sheet glass of me Hamas spend you know my life had the accident five years ago. And she told me to decay of the prime mountains is I did that I did those -- good phase I didn't do anything long I didn't do if I did something on I didn't do it on on purpose. I invested and that's and all of sudden my money's gone. I depended on the money I need my money and -- now we have bought them people we have to say some things and and be maybe who -- house that's it so it does judge John know what's going on now and and and what are reactions to it. But my wife knows what's going on she's fuel is that it makes us sick she gets -- but but -- Obama cannot do I can't do anything what do what you want me to go to pick up and shook myself put all the little."

" Let me a brilliant you know there's there's someone here try this if there's what there's someone here that might have some ideas about. At least what happened so that it doesn't happen again Jim hedges. Is somebody familiar to our show he actually saw. Bernie made off back in the ninety's realize the guy was obvious something that wasn't good Jim what advice would you have for the Britain's."

" Well I think that the princes like a lot of victims with made off he actually did invest directly with -- made off he invested -- what people are calling feeder funds and these -- individuals -- investment companies that aggregate capital and gave it -- made -- I think the thing that I'm curious about is what the prince thought he was investing and when he made the investment would be -- opening --"

" How how did they solitary how did out of the folks with who in whom news in news can't you put your money how did they sell their flood do you. But listen I -- stall speed but I met those invest Cecil friends shall sold out legal trends nobody. Known people. But -- rich people here in California AM Los Angeles. And if they individuals -- to those people I believe that I -- us and them because their body by good people I don't want to mention any names. -- be a disaster but about the possibility people I met him in the best blazes in the best Los Angeles flaps in the most expensive flops and I possible speed and Honda blossom and guess what -- have an untapped oil city -- many of the victims that went Frederick that we've talked through. Have and have said the same thing that they were introduced a made up either directly or directly. By friends that they trusted -- these thieves they they build on that that kind of trust."

" But -- five would be in the yard if public she made a few public database what you can -- all that. You know it's of these shots of what's going on here it's a disaster that that man has not been. He's not told it's a joke mandate tell us on television. We we've listened to his telephone goal as we -- made this is the biggest -- put big on the floor of this man is not told me talks his family talks -- sleds you can tell them anything what they have to do -- could have moved the money I'll. And subtle body -- it has something in the long. I mean we have a -- less than not I'm not the -- off about Obama but it's all a president he's my president -- not only looking into financial it is also we and how obese also moving into the bigger system because the legal system sometimes staying still have."

" couldn't agree with you more admitted -- if your trust in just the law you're full but the question is he -- did you put all of your money into this 400 you have some left over."

" It's it's it's been been disciplined. But I don't have much all about because I depended on the you know if I had money flow that would even talk about it. Are let -- let me talk to your attorney for a second Edward all exactly who is it that you work. Our Edward -- forgive me exactly who was it that you are now thinking of suing if you haven't already begun procedures."

" Well I think it's a little bit there are premature to disclose the names right now. We just found out about this about a week or two ago. And we're conducting our preliminary investigations. We do you have names of some people but we just want to make sure that. The people who we've got -- named in the lawsuit going forward are the culpable ones now."

" Your I -- I assume you know this but perhaps you should let the -- though that indeed. Made us phone conversations. Are being monitored by prosecutors that's part of the deal for him to be staying under house arrest I'm not -- it in any way a lot of people think that it's it's a travesty is the prince does that he's not in jail but do you have any suspicions that while he is at home he can somehow get around those wiretaps for the Fed's."

" Well. I don't think so I think that based on my understanding of the arrangement over there. That all of this phone conversations are being wiretapped and I think that he'd be have to be -- clever to pull one over on the on the federal."

" Let me just ask Jim hedges Jim how about moving money around because if there's any. This is why I think the guy should be and -- even if there's the remotest possibility is the prince was suggesting that. He could move money around it may be hide some money that he has in some account that we don't know about. This guy should be in jail is is it conceivable that he could do that by picking up a phone. Well I think it's conceivable."

" But I think that this whole. Process has been one where -- hit it's been very orchestrated. And at the end of the day I imagine that any plans of -- made -- had about moving funds that are he didn't put in place well before. He -- public with this on I guess it was the eighteenth of December and in fact this is not just to -- made -- this -- the story about a pathological -- a group of individuals would likely work together with him at his -- that marketed his investment and worsening by the way not only the rich and famous like -- but also middle class people that were -- the in the -- down to Florida correct absolutely I mean that businesses say a system -- failure both from regulatory perspective and oversight perspective due diligence perspective. People like the -- have a while others due diligence recommendations to be a substitute for their own which is not to under. Diminished the the the relevance of their loss but it's to say that it's a failure on the part of a lot of --"

" Great pleasure what are you gonna have to do to get by now I mean you say didn't put all of your money there but most of it are you going to have to sell your house what are you going to do. While we have to wait I don't know what's going on I don't know if you get some money back if you can make a deal."

" I don't know what's going on it's it's it's it's much too early enough -- told to me you know maybe a couple of months over the -- and I think naturally have money to survive the next few months. But if I don't get the money back than again I'm in the big problem you know an F to a make some explanations to my wife and it's going to be tough vote."

" Have you have you two been making plans I mean just in case a worst case scenario of perhaps selling -- your living it."

" But it's -- expensive houses about a lot of allows. And it's assured if we says that we we get more bubbly -- also. I hope we don't have to senator -- will you I have my income. Yeah I -- about yacht mob life has an income. Soul I know we can manage but it's all the fuss you know it's it's a big change. Not -- so easy and all of a sudden you get older and give a welcome we wanted to retire peacefully and goes --"

" Ever think everything that's happened with the hundreds of people all over the country finally I gotta ask will you ever invest money again. But school you'll never. While not made I didn't I didn't -- invest your money but I can understand your your feelings effect O'Reilly Bill O'Reilly said exactly as they think not precisely the same words listen. Prince Frederik we wish you the very -- best please give our very best regards to jar jar as well and whatever we can do to help let us know all right. -- give."