Bernard Madoff / The Ponzi scheme fraud scandal

Bernard Lawrence “Bernie” Madoff was an American financier who executed the largest Ponzi scheme in history, defrauding 4’800 known investors of $64.8 billions (due to clients at the date of his arrest, from $19 billions clients’ deposits) between 1990 (maybe before) and his arrest on the 11th december 2008.

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4th February 2009 – Opening statement of Harry Markopolos before the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises Hearing on “Assessing the Madoff Ponzi Scheme and Regulatory Failures.”
Madoff tops charts, skeptics ask how – Michael Ocrant (May 2001, MARHedge)
Don’t Ask, Don’t Tell – Erin Arvedlund (May 2001, Barron)
The World’s Largest Hedge Fund is a Fraud – Harry Markopolos (November 2005, Submission to the SEC)
Investigation of Failure of the SEC to Uncover Bernard Madoff’s Ponzi Scheme (August 2009, SEC Office of Investigations)

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