Posted in Current events

2005 complaint to SEC says Madoff is a fraud: why no investigation?

Here’s a 2005 complaint filed with the SEC alledging that Madoff was running a Ponzi scheme. The document lists several red flags regarding Madoff’s activities and provides evidence in detail, about why the complainant believed Madoff Securities was a Ponzi scheme. What did the SEC do with this?

Madoff_SECdocs_20081217

Advertisements

Author:

Author of "The Secret of Angat", a novel set in the Philippines during World War II. Founder, MuniWireless.com; Founder (Mapplr.com - travel) and Shopplr.com (beauty, style).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s