Quote from: djm34 on December 21, 2014, 11:09:08 AM

Quote from: digicidal on December 21, 2014, 11:06:33 AM

Quote from: altcoinUK on December 20, 2014, 11:19:10 AM

The police knew very little about the Madoff case (it had not been bypassed for decades the investigations of financial regulators) until the very end. In this case the police has all information from Bob's volunteered logs as well as Zimbeck's desperate statement.

1992 - Madoff was investigated as potentially running a Ponzi scheme with Frank Avellino and Michael Bienes (who were the primary parties responsible for funneling investors to Madoff). Incidentally those two ran a number of 'foundations' since then that also invested with Madoff. Investigation terminated when the two close down their business. Undecided

2006 - The SEC receives notice from Harry Markopolos that it is "highly likely" that "Madoff is running the world's largest Ponzi scheme". The investigator assigned "finds nothing credible" (and then a year later marries Madoff's daughter). Roll Eyes

At lest 10 people testified during his trial that they had notified the SEC about concerns they had, and a few also contacted NYC law enforcement about it as well.

bloody FUDers they are everywhere Grin

I LOL'd.