Thursday, December 25, 2008

Madoff SEC Whistleblower Report From 2005

Wow, this report lists 29 Red Flags (detailed) warning the SEC that Madoff was a fraud. I would be pretty upset if I lost my life savings with this guy and the SEC was warned about him in a 19 page submission in 2005. -Lou

Read the submission here:
http://s3.amazonaws.com/iehi-img-mli/files/Madoff_SECdocs_20081217.pdf

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