Question: Why do you think Madoff managed to get away with his Ponzi scheme for so long? Ten years before Madoff's conviction, the S.E.C. was tipped
Why do you think Madoff managed to get away with his Ponzi scheme for so long? Ten years before Madoff's conviction, the S.E.C. was tipped off by financial experts who found Madoff's claimed investment returns to be so high that they were virtually impossible to believe. Why do you think that the SEC failed to act more decisively upon this information? Was the prison sentence handed down to Bernie Madoff fair? Who lost and who benefitted from Madoff's criminal activities ?
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