Concept information
Preferred term
madoff ponzi scheme
Definition(s)
- Bernard (Bernie) Madoff orchestrated one of the largest Ponzi schemes ever known. He was a well-respected investor and one of the developers of NASDAQ. His notoriety and his investment firm allowed him to conduct his Ponzi scheme to the tune of $50 billion to $170 billion from investors over a 20-year period. [Source: Encyclopedia of White-Collar and Corporate Crime; Madoff Ponzi Scheme]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-G4WRT45X-3
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