DVD Chronicles Whistleblower's Effort to Expose Madoff Ponzi Scheme
There are 2 comments on the The Afro American Newspaper story from Apr 5, 2012, titled DVD Chronicles Whistleblower's Effort to Expose Madoff Ponzi Scheme. In it, The Afro American Newspaper reports that:
By the time Bernie Madoff was arrested in December 2008, Harry Markopolos had been trying for years to expose his investment firm as a billion-dollar Ponzi scheme.
Join the discussion below, or Read more at The Afro American Newspaper.
#1 Apr 5, 2012
should tell us who told him that Madoff was a fraud.... not credible that this guy in 5 minutes figured everything out!
he should tell who are the people he helped to pull the money out. In his book he talks about investors who believed madoff was the best but never mentioned their names. is there anybody of these investors who pulled thei money out thanks to him? These people should return all the money because they acted with an inside information !!!
#2 Apr 11, 2012
Those who truly understand pyramid/Ponzi schemes can indeed recognize many of these schemes in literally 5 min. I personally recognized as a Ponzi, before a farmer finished asking if there might be something illegal about the multi-million Pigeon King International “pigeon breeding scam ” Canadian scheme operated with the full knowledge of the Waterloo Regional Police fraud squad from at least 2005 when they interviewed the create of the scam. It was a relatively simple scam that had been recycled several times over the decades. The police ignored the facts; refused to consult with experts I had personally recommended… i.e. A professor of mathematics, a business professor, and a pro bono lawyer willing to explain this obvious a Ponzi scheme. Instead they appeared on national television stating they could find….“nothing criminal in the operation” which only helped to make up the minds of many dubious farmers “sitting on fence,” to join the scheme: as a result many more farmers, particularly many of the last in; U.S. farmers, lost millions. Some individual farmers lost over 1 million and heartbreakingly their farms. Unlike Harry Markopolos I came out publicly against this and several other pyramid/Ponzi schemes operating in Canada, but for my efforts continually harassed by both the criminals and the police employing trumped up criminal charges from 2003 to the present, notwithstanding the police finally arrested the “Pigeon King” for fraud in 2010; now on trial. And in another pyramid scheme,“BIM”(we actually prevented from entering the U.S.) RCMP arrested top recruiters; one a teacher; one a banker as I had to explain to them years before. The involvement of myriad rouge RCMP officers across Canada and others of position and power so far suppressed. I was taken several times to mental institutions to be diagnosed as paranoid & delusional: once actually at gunpoint: In Canada they truly will “kill the messenger.” These blind Canadian psychiatrists had not heard of the psychiatrically recognized “Martha Mitchell the Effect”...(see Wikipedia) nor would they consider obvious evidence of these frauds:…..Yes, some of us can indeed spot pyramid/Ponzi schemes “a mile away” and in 5 min; problem as it takes years for authorities to catch up!!! Check it out… dave CBNow. http://www.google.ca/#sclient=psy-ab&hl=e...
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