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.’
Federally Prosecuted Fraud Falls Drastically
December 24th, 2008 • No Comments
An analysis released Wednesday suggests that SEC and FBI prosecuted federal financial crimes are decreasing dramatically. At a time where the Madoff case is taking priority, questions are being asked how such large scope fraud sneaks passed the government overseers for so long. Continue reading ‘Federally Prosecuted Fraud Falls Drastically.’
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 Charges Wall Street Execs with Insider Trading
December 18th, 2008 • No Comments
Thursday, the SEC announced charges would be filed against seven Wall Street executives and two companies involved in an insider trading ring possibly involving more than 15 pending corporate transactions. Continue reading ‘SEC Charges Wall Street Execs with Insider Trading.’
