Markets

Bernie Madoff’s Ponzi scheme ignited a $363 billion exodus by investors

Bernie Madoff was convicted in the largest Ponzi scheme in history 10 years ago. According to researchers at Cornell University, the aftershock of Madoff’s crimes caused $US363 billion in withdrawals from investment funds unrelated to him. Many people who pulled their money suspected that their advisers were also fraudulent. Bernie […]
Bernie Madoff’s Ponzi scheme ignited a $363 billion exodus by investors