Dispute
cmdty fx repo real
estate
short
term
loans
equity fx  ir  cmdty note

Incident

Incident
Madoff's Ponzi Scheme
Incident Summary
SEC Charged A New York City Investment Advisor With Committing Fraud, Making False Statements To Regulators, And Falsifying Books And Records In Order To Create The False Appearance Of A Functioning Compliance Program Over Fraudulent Investment Advisory Operations.
Alleged Loses:
$50,000,000,000
Date
Dec 11, 2008
Post Madoff
Madoff

Red Flags

Red Flag Summary
Madoff's reported returns were false. Overstate the trading income. False audit reports and Accountant is not AICPA member.
Ten12 Red Flags
Other Red Flags
Ten12 Security prices
Investment Advisor Analysis
Fund Vendor Analysis
Non Registered Funds

Fund(s)/Portfolio(s):

Madoff feeder fund

Vendors

Accountant

Custodian Bank

Fund Administrator

Pricing Vendor

Prime Broker(s)

-

-

-

-

-

Entity

Fined Entity

Fines & Penalties

- Bernard L. Madoff 

- $170,000,000,000

People

Bernie Madoff

Frank DiPascali

Jr

Peter Madoff