Did the SEC ever catch on that Bernie Madoff was running a Ponzi Scheme?
by 
keithold thanks all baggers
ANSWERS: 3
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About 64 billion dollars too late.
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Oh yeah, after the FBI told them.
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No. Basically, he turned himself in indirectly, by telling his sons who told the police, when he knew the bubble was finally going to burst. Few people suspected anything until he outed himself - and those few were pooh-poohed because he looked so respectable.
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