The Bernie Madoff Ponzi Scheme

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Around the 29th of June, 2008, Bernie Madoff was sentenced to 150 years in jail. His offense was operating the biggest-ever fraudulent plan in US history, and probably in the history of the world. The prosecutors predicted that Madoff possessed committed a fraudulence worth $64.8 billion. Madoff was a well-respected financier, which is why buyers assumed him when he promised consistent profits in return of their personal savings. Furthermore, he continuing to fool his buyers, more than 4,800 clients, for a period of over a decade. So, who was Bernie Madoff? What is a Ponzi plan? How does Bernie have the ability to run this fraudulent scheme for so very long? How was he trapped? Find out all about this and much more the following in this booklet.


Category: White Collar Crime

Details

Publisher

J.D. Rockefeller

Language

English

ISBN

DATE

2016-08

Author

J.D. Rockefeller

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