Stung by Madoff, hedge fund manager may sell farm

Hedge fund manager Jeffrey Tucker's horse farms near the 146-year-old Saratoga Race Track about 180 miles (290 km) north of New York City could be going up for sale, according to a real estate broker.

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Fairfield Greenwich had invested about $7.5 billion of its $14.1 billion in assets under management with Madoff, who authorities say was running a Ponzi scheme. In a Ponzi, new investors' money is used to pay earlier investors in the guise of investment returns.