News Source: Reuters
| 24 days ago
U.S. securities investigators raised repeated concern over how Bernard Madoff could be running an honest business, but never followed through on the many red flags they uncovered. Hundreds of documents released on Friday by U.S. Securities and...
News Source: Disinfo.com
| 25 days ago
In 2003, Madoff was sure he would be caught and was surprised when investigators did not check his accounts to see if he had actually traded stocks – which he had not. It is accounting 101, Madoff told the inspector general, to look at DTC –...
News Source: The Scotsman
| 25 days ago
American financier Bernard Madoff has claimed it never occurred to Securities and Exchange Commission (SEC) staff he was running a "Ponzi" scheme, despite its numerous investigations. In a summary of a prison interview in June with the SEC inspector...
News Source: United Press International
| 25 days ago
Jailed former financier Bernard Madoff says lack of basic investigatory moves by the U.S. Securities Exchange Commission allowed his Ponzi scheme to flourish. In a jailhouse interview given by Madoff to the SEC and released Friday, the disgraced...