Let’s take a trip back in time and revisit the story of Harry Markopolos. He blew the whistle to the Securities and Exchange Commission about Bernard Madoff as early as 2000. Yet his warnings were completely ignored?! Bernie went on to steal 65 billion dollars and is currently serving a federal prison sentence for offenses related to his massive Ponzi scheme. Why didn’t anyone listen, hit play as they attempt to sort that out.
“It took me five minutes to know it was a fraud. It took me another almost four hours of mathematical modeling to prove that it was a fraud.” – Harry Markopolos