In a recent post ("Edelheit on the Madoff Scandal") we quoted Aaron Edelheit's three key points on why investors should have been wary of Madoff's fund. Back in 2005, Harry Markopolous sent the SEC a 21-page letter titled, "The World's Largest Hedge Fund is a Fraud". Below, via Clusterstock.com, is that letter, in which Markopolous cited 29 red flags relating to Madoff's fund.
Showing posts with label SEC. Show all posts
Showing posts with label SEC. Show all posts
Saturday, December 20, 2008
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