◎ Guide⚡ Quick ReadAdvancedWealth & Inequality › Income Inequality
Follow the Money — How Madoff's Ponzi Scheme Actually Worked
Bernie Madoff ran the largest Ponzi scheme in history — $64.8 billion in claimed account balances, $17.5 billion in actual investor losses — for over 40 years without detection. How did it work mechanically, why did no one see it, and what does it reveal about the structural failures of financial re
3m·👁 0