To watch interviews of victims of Bernard Madoff’s gargantuan Ponzi scheme, and then immediately switch to interviews of Legion of Christ priests, is to quickly lose track of which scoundrel is being discussed. The priests had just learned their founder, Fr. Marcial Maciel Degollado (1920-2008), had a longtime lover and fathered a daughter now in her 20s.
The hucksters Madoff and Maciel resemble each other in so many ways that they appear to be identical twins.
Madoff preyed upon those who shared his Jewish heritage, among others. Maciel preyed upon pious people in Mexico before he spread his scam to dozens of other countries and headquartered his scheme in Rome.
According to the U.S. Securities and Exchange Commission’s Web site (http://www.sec.gov/investor/pubs/affinity.htm), the definition of an “affinity fraud” is this: