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- In 2000, 2001, and 2005, Markopolos alerted the U.S. Securities and Exchange Commission (SEC) of his views, supplying supporting documents, but each time the SEC ignored him or gave his evidence only a cursory investigation. Madoff was finally revealed to be a fraud in December 2008, when his sons contacted the Federal Bureau of Investigation.
en.wikipedia.org/wiki/Harry_Markopolos
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Aug 12, 2009 · Madoff did not allow outside audits, taking money from organized crime and nations. Forty-nine nations were affected by this Ponzi scheme. We are now less trusting of financial institutions.
Madoff was finally revealed to be a fraud in December 2008, when his sons contacted the Federal Bureau of Investigation. After admitting to operating the largest private Ponzi scheme in history, Madoff was sentenced in 2009 to 150 years in prison. [2][3]
Apr 14, 2021 · Markopolos approached the Securities and Exchange Commission with evidence that Madoff was running a fraud three times between 2001 and 2005. Three times the regulator ignored him.
Mar 2, 2010 · Harry Markopolos spent nearly a decade on Bernard Madoff's trail. He says his efforts to alert securities regulators about Madoff's schemes were repeatedly ignored. In a new book, he details...
Feb 27, 2009 · Markopolos said there were only two plausible explanations: either Madoff was using insider information to rack up the huge profits or he was running a giant Ponzi...
- 14 min
Oct 3, 2019 · The debate started when Markopolos released his scorched-earth, 169-page report “General Electric, A Bigger Fraud than Enron,” on August 15, in which he asserts that GE is hiding $29 billion in...
Feb 4, 2009 · It was in 2005 when Markopolos wrote his now famous and lengthy report detailing Madoff’s giant Ponzi scheme and pointing out 29 red flags. He sent it to the SEC, and nothing happened.
