4 ms·
more like experienced fraudsters. madoff was able to keep his scheme going for far too long i.e. multiple decades
by broknbottle 4y ago
more like experienced fraudsters. madoff was able to keep his scheme going for far too long i.e. multiple decades
- irusensei 4y agoI wish people would stop making this comparison. Madoff fell the moment someone tipped him.
- FabHK 4y agoI don't know whether you're uninformed or deliberately misleading, but that's entirely wrong. He fell after he confessed his crimes to his kids and they informed the FBI (on 2008-12-10, with his arrest the very next day). However, people had been informing the SEC with suspicions a decade earlier, as recounted in the book No One Would listen: "Madoff Securities LLC was investigated at least eight times over a 16-year period by the U.S. Securities and Exchange Commission (SEC) and other regulatory authorities." https://en.wikipedia.org/wiki/No_One_Would_Listen https://en.wikipedia.org/wiki/No_One_Would_Listen https://en.wikipedia.org/wiki/Madoff_investment_scandal https://en.wikipedia.org/wiki/Madoff_investment_scandal