Top 10 Madoff Losers

December 25th, 2008 • 3 Comments

Most people who lost money to Bernard Madoff’s “stunning investment fraud” a few weeks ago did not know who he was; he protected his identity through a set of secrecy veils allowing construction of likely the largest Ponzi scheme in history, entirely undetected - but, who lost the most money? Continue reading ‘Top 10 Madoff Losers.’

SEC Updates on Madoff Case; Charities Feel Losses

December 18th, 2008 • 2 Comments

More details have arose in the Madoff case of “stunning fraud” first covered early last week. It’s been revealed the two senior executives which Madoff revealed his fraudulent operation to were, in fact, his sons, Mark and Andrew Madoff. Continue reading ‘SEC Updates on Madoff Case; Charities Feel Losses.’

SEC Investigates “Stunning Fraud” of “Epic Proportions”

December 12th, 2008 • No Comments

In one of the largest stories of corporate fraud in history, Madoff Investment Securities, LLC. one of the top market making firms on Wall Street and the founder, Bernard Madoff, 70, are being charged with what the SEC calls “stunning fraud that appears to be of epic proportions,” allegedly over $50 billion U.S. Continue reading ‘SEC Investigates “Stunning Fraud” of “Epic Proportions”.’