Dispute	Bonds					Derivatives						asset backed				Equity		cmdty		fx		funds		repo		real estate		short term		loans		All Prices
Dispute	corp	gov	ig bonds	HY Bonds	Distressed	credit	equity	fx	ir	cmdty	note	mbs	cdo	cp	OTHER	common	PREF	cmdty		fx		public	private	repo		real estate		short term		loans		All Prices

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)

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Entity

Fined Entity

Fines & Penalties

- Bernard L. Madoff

- $170,000,000,000

People

Frank DiPascali

Sec

SEC Charges Peter Madoff With Fraud and False Statements to Regulators

SEC Charges Longtime Madoff Employee with Falsifying Documents to Deceive Regulators

SEC Charges Madoff Auditors With Fraud

ENRICA COTELLESSA-PITZ

SEC Obtains Preliminary Injunction, Asset Freeze, and Other Relief Against Defendants

BERNARD L. MADOFF, BERNARD L .MADOFF INVESTMENT SECURITIES LLC,

SEC Charges California Madoff Feeder With Fraud

SEC Charges Longtime Madoff Employee With Creating Fake Trades

SEC Charges Longtime Madoff Employee With Fraud

SEC Charges Two Longtime Madoff Employees with Fraud

SEC Charges Key Madoff Lieutenant for Operating and Concealing Fraud Through Bogus Trades and Documents

SEC Charges Madoff's Director of Operations with Falsifying Accounting Records and Siphoning Investor Funds

SEC Charges Madoff Computer Programmers

SEC CHARGES MADOFF COMPUTER PROGRAMMERS

SEC CHARGES KEY MADOFF LIEUTENANT FOR OPERATING AND CONCEALING FRAUD THROUGH BOGUS TRADES AND DOCUMENTS

ANNETTE BONGIORNO

SEC Charges Madoff Solicitors and Feeder With Fraud

United States V. Frank DiPascali Jr.

United States V. Bernard L. Madoff And Related Cases

News

JP Morgan to pay $1.7bn to victims of the Madoff fraud

Madoff accomplice Daniel Bonventre jailed for 10 years

Bernie Madoff asking Trump to reduce his prison sentence for massive Ponzi scheme

More than 500 Bernie Madoff victims oppose prison release: Read what they told judge about Ponzi kingpin

Bernard Madoff Fast Facts

The Madoff Fraud: How Culpable Were the Auditors?

Ex-Madoff manager gets 10-year prison sentence

Feds: Keep Ponzi scheme mastermind Bernie Madoff in prison for his 'extraordinarily evil' crimes