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?




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

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