Many people got wise to Madoff before his scheme collapse - Notably Harry Markopolos. But Madoff was essentially never caught. Rather, his scheme ended the way

Many people got wise to Madoff before his scheme collapse - Notably Harry Markopolos. But Madoff was essentially never caught. Rather, his scheme ended the way most Ponzi schemes end - he no longer had enough money to pay withdrawal requests from the money that was coming in. https://en.wikipedia.org/wiki/Bernie_Madoff#Investment_scandal https://en.wikipedia.org/wiki/Bernie_Madoff#Investment_scand...