Hero! The Man Who Uncovered Madoff Scandal (sadly ignored)
Bernard Madoff is an American businessman who may have perpetrated the largest fraud in history. Madoff lured thousands of investors to trust their money in what they believed was a lucrative investment. Sadly Madoff’s company was nothing but a Ponzi scheme, where the only money returned to investors was other investor’s money. There was no real profit, no real business – just a pyramid scheme.
Clearly, Madoff is not a hero. The hero is Harry Markopolos – the man who detected Madoff’s enormous fraud. Markopolos spent nine years trying to alert the US authorities to the troubles with Madoff. I would love to know the names of the people that received Markopolos’ messages. Why were they ignored?