The Fraud Of the Century: The Case of Bernard Madoff
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The Fraud Of the Century: The Case of Bernard Madoff

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  • Undergraduate
  • 1030

Short excerpt:

Bernard Madoff created the worldдЫЄs greatest Ponzi scheme. A Ponzi schemeдЫЄs system makes sure that it completely disintegrates after the discovery of the fraud. The fraudulent activities of Madoff fell down upon the constant streams of redemptions after the financial turmoil. However the disaster is that the Securities and Exchange Commission (SEC), on several instances, comprising many reliable pursuers, had chances to inspect and discover MadoffдЫЄs scheme.

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