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Vail development moves on despite Madoff ripple effect

Most of the Colorado focus of stories detailing the fallout of Bernard Madoff’s $65 billion Ponzi scheme have dealt with Aspen’s Jewish community, which is reeling from the real estate ripple effects. But one of the most high-profile – and at one point controversial – development projects that might be impacted by Madoff’s epic 20-year pattern of investment fraud is in Vail, where a massive $250 million development in the heart of the faux-Bavarian village is currently under construction.