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What is The Madoff Investment Scandal Explained about?

Bernard Madoff ran the largest Ponzi scheme in history through his investment firm. He pleaded guilty in 2009 to defrauding thousands of investors out of $65 billion through false returns and an elaborate fraud. The SEC failed to uncover the fraud despite multiple investigations dating back to 1999 when a whistleblower first warned them. Questions remain about whether Madoff

Author

Trish Bustamante

Language

EN