Saturday, October 13, 2012

The Complexity of Bernie Madoff's Ponzi Operation is Coming to Light

The Wall Street Journal published an article this week with more information about how Bernie Madoff's Ponzi scheme could operate with so few people. I've always been skeptical that anyone could pull off such a massive fraud without a team of people involved. It looks like the government is now putting together a case showing that a team was behind the fraud and it ran for a much longer time than previously estimated: nearly four decades.

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