fraud

Houston too fell victim to Madoff’s ponzi scheme

New York, February 8: The list of clients duped by the Bernard Madoff’s ponzi scheme is a pretty long one and transcends geographical boundaries too.

SEC failed to act on tip offs in Madoff case

Washington, February 5: Tardy, inexperienced and lacking dexterity is what can be said of the SEC officials when one listens to what Harry Markopolos has to say. Markopolos, an investment manager, had tried since the year 2000 to wake up the regulators by tipping them off about a possible fraud in the Bernard Madoff ponzi scheme.