February 15 2009. Wellington. Florida. The Palm Beach Steeplechase / Derby field. The equestrian eventing center is well attended by West Palm Beach and Palm Beach residents. The facility is run by Equestrian Sports Productions. Palm Beach was hit hard by Bernard Madoff's Ponzi scheme which cost investors nearly $50 Billion dollars. Madoff was a member of the Palm Beach Country Club and had a home in the area where he recruited some of his clients. Photo Credit: Charlie Varley/Sipa Press/0902251552 Photo via Newscom